Mr. Fairbanks has over 19 years of financial risk, operations and management experience. Prior to joining Blue River, Mr. Fairbanks served 2 years as the Chief Financial Officer of Paradigm Capital Corporation, an SEC Registered Investment Advisor that managed approximately $150 million between 3 distinct funds. Mr. Fairbank’s focus was on fund operations, P&L reporting, risk management, financial control and audit.
Prior to Paradigm Capital Corporation, Mr. Fairbanks spent 9 years in a variety of management roles with Q Investments “Q”, a multi-billion dollar hedge fund in Fort Worth, Texas. Mr. Fairbanks led the Financial Control and Risk Control divisions for the multi-strategy fund. Mr. Fairbanks was involved in the settlement and monitoring of numerous asset classes, including swaps, convertible debt, bank debt, distressed debt, bonds, equities, options, currencies, and physical assets. He was also responsible for directing all reconciliations, SEC monitoring and compliance, investor relations, month-end closings and year-end audits, and computing and analyzing P&L and pricing for the partners and the trading desk each day.
In his 9 years working in the back and middle office at Q, Mr. Fairbanks gained extensive experience in managing the back-office operations of numerous complex investment strategies, including convertible arbitrage. In his role at Q, he assisted with the set up and unwinding of trades, monitoring hedges and margin requirements, handling margin calls, moving positions (that included both long converts, short stock, and short converts and long stock) amongst the various prime brokerages and swap counterparties. He was also responsible for monitoring borrow rates on short stock, handling corporate actions, updating an internal proprietary Convertible Bond Database, testing convertible bonds, facilitating the conversion of bonds, and taking in stock to cover short positions.
Before joining Q Investments, Mr. Fairbanks worked in the Global Corporate Finance division in the Dallas, Texas office of Arthur Andersen. His focus was on risk control and financial reporting.
Mr. Fairbanks graduated from Washburn University in Topeka, Kansas with a BBA in Economics and a BA in Spanish and French.