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Former J.P. Morgan Bankers join Wilshire Phoenix Executive Team

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Former J.P. Morgan Bankers join Wilshire Phoenix Executive Team

Latest additions of Alexander Chang and William Cai further strengthen leadership team, join Herrmann and Furo as key executives, as firm continues its rapid and nascent rise

NEW YORK, NY – November 8, 2018 – Wilshire Phoenix, a New York-based investment management firm, is pleased to announce the appointments of Alexander Chang and William Cai as Partners.

“Alex Chang and Will Cai are proven leaders in the financial services industry who will each further strengthen the caliber of our team. Will is dedicated and gifted. He has a rare combined skillset of impressive technical expertise in esoteric financial products and strong client relationship management. Alex is brilliant and driven. He has an unwavering commitment to go above-and-beyond and provides powerful insights into structures and deals. Both Will and Alex are passionate about the digital asset space and will have an immediate impact at Wilshire Phoenix as the launch of our crypto-related fund rapidly approaches. I could not be more honored to call them my partners,” said Bill Herrmann, Founder and CEO of Wilshire Phoenix.

Alexander Chang

Previously, Mr. Chang served at J.P. Morgan from 2009 to 2017, most recently as a Vice President where he structured linear and non-linear equity together with cross asset derivative transactions. During his time at J.P. Morgan, Mr. Chang also traded multiple sector pods on the high frequency electronic options market making desk. Mr. Chang is a graduate from the Columbia University School of Engineering and Applied Sciences with a Bachelor of Science in Applied Mathematics.

“Bill Herrmann and his pioneering team at Wilshire Phoenix are dedicated to becoming global industry leaders, and I am truly thrilled to join the firm to help accelerate the success of its clients and investors,” said Alexander Chang.

William Cai

Mr. Cai previously served as an Executive Director and a trader at J.P. Morgan for over 10 years, managing multi-billion dollar risk books across asset classes in credit, equities, and most recently in commodity futures. In addition to his trading responsibilities, he managed teams, oversaw projects, and had extensive experience with regulatory and legal matters. Mr. Cai holds a Bachelor of Arts in Physics from Harvard University, and a Master of Science in Mathematics in Finance from New York University.

“It’s clear that Bill and the entire team at Wilshire Phoenix are determined to build a modern investment firm to serve a rapidly evolving client base. I look forward to contributing to our shared success for many years to come,” added William Cai.

About Wilshire Phoenix

Wilshire Phoenix is an investment management firm dedicated to helping its clients manage assets throughout the investment lifecycle. Whether providing financial solutions for institutions, private clients or individual investors, Wilshire Phoenix delivers informed investment management services for both traditional and alternative assets. To learn more visit www.wilshirephoenix.com, follow us on Twitter @WilshirePhoenix or visit our newsroom at www.wilshirephoenix.com/news for the latest insights, market commentary and company news.

Media Contact: Mitch Ackles, HFPR, 646.657.9230, mitch@hedgefundpr.net