Mr. Witelson is a Managing Partner and Head of Portfolio Management for Sensus, and serves as a member of the firm's Investment Committee. He oversees the investment process, provides market insight and a solid analytic foundation developed during his extensive experience in the investment industry. Prior to founding Sensus Investment Management, Mr. Witelson was a Director at Bear Stearns & Co.'s Derivatives Department, where he specialized in proprietary equity volatility trading. Previously he was a member of the American Stock Exchange, first as a market maker, then as an off-floor volatility trader on the proprietary trading desk of Gargoyle Asset Management. Prior to his membership at the American Stock Exchange, from 1994-1997, Mr. Witelson was Senior Portfolio Manager at Salomon Capital Markets Ltd. where he co-managed $350 million in assets. He was also formerly an advisor to the Dept of Treasury of Foreign Governments. Prior to this he was the Deputy Manager of the Securities Research Department for an international bank where he supervised the bank's quantitative equity research and consulting to foreign institutions. Mr. Witelson earned a Bachelor of Science degree, with distinction, in Economics and Business Administration. He has also completed extensive graduate academic work in finance and statistics.