Employee Bios
Management
Avi Cohen
Managing
Partner –
Head of Research, Head of Compliance
Avi is the Founder, Head of Research, and Managing Partner of
Avian Securities, LLC. He began his Wall Street career in the Kidder
Peabody & Co. Capital Markets Training Program where he was rapidly
awarded responsibility for Kidder's domestic US Listed Option
Customer Facilitation Book. Following Kidder, Avi joined a medium
sized hedge fund focusing on opportunities in the technology
marketplace. As a partner there, he developed the experience
necessary for successful stock picking as well as the fundamental
analysis skills essential for long term investing. It is also where
he identified the need for an unbiased and a more channel probing
research product. In 1998, Avi founded Avian Securities, LLC to
deliver just such a product to Institutional Investors.
Avi graduated from the University of Chicago in 1993 where he
studied Theoretical Mathematics and Economics. He was awarded an AB
in Economics.
Managing
Partner –
Head of Sales & Trading
Larry joined Avian Securities, LLC, in August of 2002 bringing a
wealth of Wall Street experience to further Avian's Independent
Research effort. After starting his career on the derivatives desk at
Kidder, Peabody & Co., Larry headed a trading desk at a New York
based money manager. He then moved into Sales & Trading, progressing
from Instinet; to Lynch, Jones & Ryan; and then to Spear, Leeds &
Kellogg Capital Markets. Larry has consistanty been a top producer in
Institutional Sales and Trading. As Principal and the Head of the New
York office, Larry brings Avian's unique research perspective to an
increasingly larger Institutional presence.
Larry graduated from Bradley University.
Partner –
Head of Information Technology and Operations
After spending 10 years in biomedical research and education in
such prestigious laboratories such as the Ben May Institute at the
University of Chicago and the Visual Neuroscience Laboratory at New
York University, Vanda Cohen was recruited to lay the groundwork for
the network systems and backoffice operations at Avian Securities
upon its formation in 1998. Vanda currently heads Avian's Information
Technology efforts and is Controller.
Vanda holds a Bachelor's Degree in Biological Sciences from the
University of Chicago as well as Master's Degrees from New York
University and University of Massachusetts
Analysts
Senior
Research Analyst –
LCD/RFID and Special Situation
Andrew joined Avian in August 2004 after spending 13 years on
the buy side as Portfolio Manager with a medium sized hedge fund and a
long-short technology based fund.
Previous to his buy side experience, Andrew spent 10 years on the sell side
with such firms as LF Rothschild,
Prudential - Bache, and DQ Securities (Dataquest) as an Institutional Salesman
with a bias toward technology based accounts.
Previous to Andrew's extensive career on Wall Street, he was a recording
engineer with two major recording studios and participated
in a family owned electronics business, Emerson Radio. Currently,
Andrew covers the LCD and AIDC/RFID (Automatic Identification)
spaces.
Senior
Research Analyst –
Renewable Technology
Mark W. Bachman joins Avian Securities as a Senior Research Analyst
covering renewable technology stocks. Mark has been actively covering
the renewable energy sector since 2007, and was most recently a
Managing Director at Auriga USA. Prior to Auriga, Mark spent six
years as a Principal and Senior Equity Analyst at Pacific Crest
Securities where he covered both renewable energy technology and
semiconductor capital equipment stocks starting in 2003. Mark started
his Wall Street career as a sell-side research associate at Thomas
Weisel Partners in 2000 covering semiconductor-related technologies.
Mark’s prior industry experience includes positions at Wind River
Systems and Intel Corporation. Mark holds a B.S. in Finance from
California State University, Sacramento, and a MBA from the
University of Washington.
Senior
Research Analyst –
Storage
Matt joined Avian in January 2001. Matt was influential in
developing Avian's bottom up analysis of distribution channel trends
that underlies the company's work in the PC component space. In his
own storage coverage, he augments this work with information from the
extensive network of industry contacts he has developed during his
tenure at Avian. Prior to Avian, Matt held a Research Analyst
position at Charles River Associates, a Boston based economic
consulting firm where he first honed his skills in financial modeling
and company analysis working with the metals & minerals team.
Matt graduated Cum Laude with Honors from Williams with Bachelors
Degrees in Economics and History.
Senior
Research Analyst –
Telecom
Matthew Thornton joined Avian in April 2008 covering the wireless
telecommunications equipment industry. He brings with him more than
five years of experience in equity research. Matt came to Avian from
FTN Midwest Securities, where he was Research Associate covering the
wireless equipment group. Prior to moving to the sell-side, Matt
spent four years as a buy-side analyst with Bainco International
Investors with responsibility for equity coverage across several
sectors. Matt holds the Chartered Financial Analyst (CFA)
designation, is a member of the Boston Securities Analysts’
Society, and is an active participant in the CFA Institute’s
Professional Development program. Matt received a Master of Business
Administration (MBA) degree from Northeastern University and Bachelor
of Business Administration (BBA) Degree from Western Connecticut
State University.
Senior Research Analyst – Telecom
Blaine Carroll joined Avian Securities in December 2011 covering the telecommunications equipment and components industry. Blaine brings 17 years of experience to Avian and most recently was a Managing Director at Rodman and Renshaw covering the Wireless Equipment space. His other experiences include Managing Director at FTN Midwest Securities covering the Wireless Equipment industry, senior vice president at Oppenheimer & Company covering the Semiconductor industry, Director at Adams, Harkness and Hill covering the Wireless Equipment and Semiconductor industries and a Director at SG Cowen covering the Wireless, Telecom and Cable TV Equipment industries. Before entering the investment community in 1994, Mr. Carroll was a Finance Manager and IT Specialist at Digital Equipment Corp. Blaine holds an MBA in Finance from F.W. Olin Graduate School of Business at Babson College and a BS in Mathematics, Computer Science and Education from Providence College. He also holds the CFA designation.
Senior Research Analyst – Semiconductors
Arnab Chanda has covered semiconductor and related stocks for 15 years. Most recently he was senior semiconductor analyst at WJB Capital and Roth Capital Partners. Between 2007-08, he was Director and Senior Semiconductor Analyst at Deutsche Bank, covering communications and consumer related semiconductor companies. Previously, he was Senior Vice President and Senior Semiconductor Analyst at Lehman Brothers from 2000-2006 covering communications ICs, consumer ICs, EDA and optical components companies. Prior to that he was senior research analyst covering digital media IC companies and EDA companies at Robertson Stephens, as well as senior associate covering semiconductor and computer systems companies. He began his career at Robertson Stephens in investment banking raising capital for communications and semiconductor companies. He was ranked #3 in McLagan for communications ICs in 2005, and was part of an II ranked semiconductor research team from 2000-2004. He received a BS in Physics and BS in Chemistry from Stanford University in 1996, where he was a Presidential Scholar.