• Ivory Capital

    Ivory Investment Management, L.P. is a research-intensive, fundamental value-based investment firm founded by Curtis Macnguyen in 1998. Headquartered in Los Angeles, Ivory currently manages one long and two long/short equity investment strategies.


Ivory’s investment strategy objective is to deliver superior, risk-adjusted returns with low correlation to market indices, while protecting capital in all market conditions. Ivory seeks to achieve this objective by: (i) emphasizing superior security selection over broad market exposure, (ii) actively managing the spread risk, or correlation risk, between its long and short books, and (iii) developing processes and systems to optimize its investment process. Ivory has attracted and retained an exceptional group of professionals. The investment team’s substantial experience in the investment banking and private equity industries helps to shape the firm’s private market approach to public security investing.

Curtis Macnguyen

Founder and Head Portfolio Manager

Curtis Macnguyen has over 20 years of investment experience. Curtis graduated from the University of Pennsylvania’s Wharton School summa cum laude with a B.S.E. Curtis began his career as an investment banker at Morgan Stanley and Gleacher & Co. before joining Siegler, Collery & Co., a fundamental value-based long/short equity investment firm, where he became partner and portfolio manager. In 1998, Curtis founded Ivory Investment Management, L.P.

Neil Chudgar

Senior Portfolio Manager

Neil Chudgar graduated summa cum laude from the University of Southern California with a B.A. in Biological Sciences. Neil left USC to join the Los Angeles office of Donaldson, Lufkin & Jenrette as an investment banking analyst, before joining Trust Company of the West as an associate in their special situations and distressed investing group. Neil joined Ivory Investment Management, L.P. in August 2005.

Brad Lundy

Senior Portfolio Manager

Brad Lundy graduated from the University of Michigan with a B.A. in Economics. Upon graduation, he joined the Chicago-based proprietary trading firm Third Millennium Trading, and later its affiliate, TMT Bonds. Brad worked on the floors of the Chicago Board Options Exchange and the Chicago Board of Trade in options trading. Brad earned a Masters of Accounting from the University of Southern California in May 2004, at which time he joined Ivory Investment Management, L.P.

Comments are closed.

© Copyright Ivory Investment Management, L.P. All Rights Reserved.
^ Back to Top