William Goetzmann
Edwin J. Beinecke Professor of Finance and Management Studies
Faculty Director of the International Center for Finance
William N. Goetzmann is an expert on a diverse range of investments. His past work includes studies of stock market predictability, hedge funds and survival biases in performance measurement. His current research focuses on alternative investing, factor investing, behavioral finance and the art market. Professor Goetzmann has written and co-authored a number of books, including Modern Portfolio Theory and Investment Analysis (Wiley, 2014), The Origins of Value: The Financial Innovations that Created Modern Capital Markets (Oxford, 2005), The Great Mirror of Folly: Finance, Culture and the Crash of 1720 (Yale, 2013) and most recently, Money Changes Everything: How Finance Made Civilization Possible (Princeton, 2016). He teaches portfolio management, alternative investments, real estate and financial history at the Yale School of Management.
K. Geert Rouwenhorst
Robert B. and Candice J. Haas Professor of Corporate Finance
Deputy Director of the International Center for Finance
Geert Rouwenhorst specializes in international finance and asset pricing. His research interests include business cycle theory, the empirical tradeoff between risk and return in developed and emerging stock markets, and portfolio choice. Professor Rouwenhorst's recent work examines hedge fund strategies, mutual fund settlement, commodity investments, and the history of financial innovation.
Bryan Kelly
Frederick Frank '54 and Mary C. Tanner Professor of Finance
Faculty Associate Director of the International Center for Finance
Bryan Kelly is Frederick Frank '54 and Mary C. Tanner Professor of Finance at the Yale School of Management, a Research Fellow at the National Bureau of Economic Research, Associate Director of SOM’s International Center for Finance, and Head of Machine Learning at AQR Capital Management. Professor Kelly’s primary research fields are asset pricing and financial econometrics. He is interested in issues related to volatility, tail, and correlation risk in financial markets, predictive methods in high dimensional systems, banking sector systemic risk, financial intermediation, and financial networks.
Leigh Ann Clark
Director
Leigh Ann has been with the ICF since 2008, directing the administration, business operations, and program activities of the Center. Prior to joining the ICF, Leigh Ann spent over 13 years in the banking industry in commercial acquisitions and student lending.
Francesco Fabozzi
Research Director
Francesco Fabozzi is the Research Director at the ICF. He serves as Managing Editor of The Journal of Financial Data Science and Director of Data Science at the CFA Institute Research Foundation. He has coauthored several books in investment management and quantitative methods. His research has been published in the Journal of Financial Econometrics, Journal of Derivatives, Review of Quantitative Finance and Accounting, Journal of Portfolio Management, and more. His primary research interests include large language models (LLMs), natural language processing (NLP), and machine learning applied to quantitative investing. He holds a BA in economics from Princeton University, an MS in financial analytics, and a PhD in interdisciplinary data science from Stevens Institute of Technology.
Karen Spitzer
Assistant Director
Karen joined the ICF team in May 2022. She coordinates conferences and events for finance faculty and the Center. Karen also writes for the ICF Blog, creates and distributes the ICF Newsletters, and maintains the ICF website. Previously, she worked at the Yale School of Medicine.
William Goetzmann
Edwin J. Beinecke Professor of Finance and Management Studies
Faculty Director of the International Center for Finance
William N. Goetzmann is an expert on a diverse range of investments. His past work includes studies of stock market predictability, hedge funds and survival biases in performance measurement. His current research focuses on alternative investing, factor investing, behavioral finance and the art market. Professor Goetzmann has written and co-authored a number of books, including Modern Portfolio Theory and Investment Analysis (Wiley, 2014), The Origins of Value: The Financial Innovations that Created Modern Capital Markets (Oxford, 2005), The Great Mirror of Folly: Finance, Culture and the Crash of 1720 (Yale, 2013) and most recently, Money Changes Everything: How Finance Made Civilization Possible (Princeton, 2016). He teaches portfolio management, alternative investments, real estate and financial history at the Yale School of Management.
K. Geert Rouwenhorst
Robert B. and Candice J. Haas Professor of Corporate Finance
Deputy Director of the International Center for Finance
Professor Rouwenhorst specializes in international finance and asset pricing. His research interests include business cycle theory, the empirical tradeoff between risk and return in developed and emerging stock markets, and portfolio choice. His recent work examines hedge fund strategies, mutual fund settlement, commodity investments, and the history of financial innovation.
Bryan Kelly
Professor of Finance
Faculty Associate Director of the International Center for Finance
Bryan Kelly is Professor of Finance at the Yale School of Management, a Research Fellow at the National Bureau of Economic Research, Associate Director of SOM’s International Center for Finance, and a consultant for AQR Capital Management, LLC. Professor Kelly’s primary research fields are asset pricing and financial econometrics. He is interested in issues related to volatility, tail, and correlation risk in financial markets, predictive methods in high dimensional systems, banking sector systemic risk, financial intermediation, and financial networks.
Leigh Ann Clark
Director
Leigh Ann has been with ICF since 2008 directing the administration, business operations, and program activities of the Center. Prior to joining ICF, Leigh Ann spent over 13 years in the banking industry in commercial acquisitions and student lending.
Electra Ferriello
Assistant Director
Electra joined the ICF team in 2015. She coordinates conferences and events for the Center and finance faculty. Electra also writes for the ICF Blog, creates and distributes the ICF Newsletters, manages ICF social media, and maintains the ICF website.
Milad Nozari
Research Coordinator
Milad is the Research Coordinator for the ICF and is responsible for supporting all phases of empirical research at the Center. He carries out a range of analytical activities in support of academic financial research, develops solutions for research needs and creates models and tools for ICF research projects. Milad received his Ph.D. in Finance from Bocconi University where he did research on the alternative investments, asset pricing, and financial econometrics. Previously, he was a visiting scholar at the Yale School of Management. He also has a business and engineering background.