Established and Digital Finance
Menai shares its moniker with an iconic suspension bridge completed in 1826. Forged from wrought-iron and stone in Wales, the Menai Suspension Bridge has carried explorers and new-world architects for more than 200 years.
At Menai, we connect worlds. We develop modern solutions through legacy-based strengths that both respect global regulatory frameworks and facilitate meaningful connections between the established and digital finance industries.
We are able to do so because of our team’s decades of diverse experience in well-regulated institutions at the forefront of the financial services industry, and our significant experience in the emerging digital finance industry.
The insights and frameworks of our forward-thinking team have stood the test of time. By marrying our skills and expertise in traditional financial markets with state-of-the-art technology, we bring the best of both worlds together to create efficiency, trust and maturity in digital asset markets.
Like our namesake, Menai is a conductor of courage, knowledge and fortitude. Together, we work with investors to construct a strong future for finance, rooted in our core values: integrity and excellence.
We are deeply committed to driving the industry toward excellence by playing a leading role in unlocking the full potential of digital assets as an asset class
We use our team’s decades of diverse experience in well-regulated institutions, as well as significant experience in the emerging digital finance industry, to achieve our goals
We are dedicated to doing business and driving innovation in a data-driven, honest manner, deepening trust in the industry and doing right by our clients, partners and the digital finance community
We are passionate about creating a more financially inclusive world by opening up access to billions of people left behind by the traditional global financial system
We have an unwavering focus on building the future of finance via purposeful transformation
We will bridge emerging digital markets with established markets, and cultivate partnerships with leading entities in both established and digital finance
We will continue doing the next right thing to help to make digital assets more credible, accessible and efficient
Menai-MVIS Diversified Digital Asset Index
Opportunities to optimize risk-adjusted returns for global investors and alternative asset portfolios.
The Menai-MVIS Diversified Digital Asset Index is built on the principles of diversification based on the distinct use cases of digital assets.
Digital assets, together with blockchain technology, are transforming financial services globally by decentralizing the three core pillars of financial services: the storage, transfer and processing of value. Each of these use cases represents a tremendous disruption opportunity and each major cryptocurrency is designed to optimize for that use case.
The three use cases form a strong basis of diversification to construct a resilient portfolio of digital assets. Menai has partnered with MVIS to create a customized index based on the principles of diversification through these use cases. Investing in digital assets on the basis of this index provides a holistic exposure to the transformation, while mitigating the idiosyncratic risks of individual digital assets.
The Menai Leadership Team
Zoe Cruz is the Founder and CEO of Menai Financial Group, and a highly accomplished executive who spent decades at the forefront of the financial services industry, working in trading and capital markets. Zoe had a 25-year tenure at Morgan Stanley, where she was Co-President from 2005 to 2007; in this role, she ran major revenue-generating businesses, including the company’s securities, risk management and information technology organizations. Prior to that, Zoe was the Global Head of Fixed Income, Commodities and Foreign Exchange from 2001 until 2005. She joined Morgan Stanley in 1982 and was the third founding member of the company’s foreign exchange trading group.
Zoe is also a former Senior Advisor at Promontory Financial Group, LLC, and the founder of an investment management firm, Voras Capital Management. In addition to her leadership position at Menai, Zoe serves as Founder and CEO of EOZ Global, a single family office. She also sits on the boards of MAN Group, Bowdoin College Investment Committee, and the Harvard Kennedy School Center for Business and Government Advisory Council. Zoe previously sat on the boards of Ripple, Old Mutual PLC, Morgan Stanley, and Harvard Dean’s Council. Zoe earned her undergraduate and Master of Business Administration degrees from Harvard University.
Marc Vesecky is the Head of Menai Markets and the Chief Risk Officer for Menai Financial Group. Marc has more than 25 years of experience in the financial services industry, most recently as the Chief Risk Officer at Tower Research Capital, where he spent 12 years. Prior to that, he spent four years as a Risk Manager at Citadel Investment Group. Previously, Marc was a Risk Analyst at Man Financial, an independent Equity Options Trader, and an FX and Interest Rates Options Trader for Societe Generale.
Marc earned his Bachelor of Science degree in Economics and Finance, and a Master of Business Administration degree, from the University of Illinois.
Julio Garcia is the CFO and Chief Operating Officer for Menai Financial Group. Julio has decades of experience building successful asset management businesses, most recently as a Founding Partner at FLSV Fund Consulting Services (FCS), an investment operations consulting firm. Prior to FCS, Julio was President, COO and CCO at Contour Asset Management, a global equity long/short hedge fund. Julio was also a Partner and CFO of Perella Weinberg Partners, a global corporate mergers and acquisitions advisory and investment management business, and a Partner and CFO at FrontPoint Partners, a multi-strategy hedge fund business. Julio also held executive positions at Credit Suisse AM, DLJ Merchant Banking, Chancellor LGT and Ernst & Young.
Julio earned his Bachelor of Science degree in Accounting from Mercy College and is a Certified Public Accountant in the State of New York.
Shubin Jha is the Head of Research & Portfolio Manager for Menai Finance. Shubin has led research efforts across various markets, industries and securities during his 17 years of experience in investing at three hedge funds. Most recently, he spent seven years at Southpaw Asset Management as Managing Director of Research. He has significant experience in studying macro variables, product and market analyses, as well as valuations driven by both fundamental and technical factors.
Prior to Southpaw, Shubin worked with Zoe Cruz at Voras Capital Management, where he conducted macroeconomic and fixed income investment research. Shubin began his career in International Finance in India. He has an undergraduate degree in Economics from Delhi University and a Master of Business Administration degree from New York University.
Laya Khadjavi is the Global Head of Business Development & Client Relations for Menai Financial Group. Laya is a seasoned finance executive with more than 30 years of sell side and buy side experience, with a focus on solution-driven and innovative capital markets and investment products. Before joining Menai, Laya was an independent consultant, providing advisory services to institutions including FinTech companies. Prior to that, Laya was the COO, Head of Strategy and Business Development at ICE Canyon, a global investment management firm specializing in Emerging Markets. Before ICE Canyon, Laya was a Managing Director at Morgan Stanley where, during her 23-year tenure, she held a succession of senior management positions, including the Global Head of Markets in Global Wealth Management and the Global Head of various structured products platforms within the Fixed Income Division in Institutional Securities. Laya began her career as a Financial Analyst at Salomon Brothers.
Laya is a non-executive board member of GoldenTree ABS Management LLC. She also serves on a number of non-profit boards, councils and visiting committees, including the Institute of International Education, Brown University and the Metropolitan Museum of Art. Laya holds a Bachelor of Science degree in Applied Mathematics-Economics from Brown University and a Master of Business Administration degree from Columbia University.
Bruce Hemphill, an Advisor for Menai Financial Group, is a United Kingdom qualified lawyer with 28 years of C-suite experience in the financial services industry. Bruce currently serves as an operating partner at Apollo Investment Consulting Europe Ltd.
From 2015 to 2019, Bruce was Group Chief Executive of Old Mutual Plc., where he was Chairman of Old Mutual Wealth and Old Mutual Emerging Markets, and sat on the boards of Old Mutual Plc. and Nedbank. Prior to that, Bruce held executive positions, including Co-Head of Investment Banking at Standard Corporate and Merchant Bank, Deputy Chief Executive at Standard Commercial Bank, Chief Executive at Stanlib Asset Management, Chief Executive at Liberty Holdings Ltd. and Chief Executive at Standard Bank Group Wealth, Insurance and Non-Bank Financial Services.
Stefan Thomas is an Advisor for Menai Financial Group. Stefan has more than 15 years of experience as an open-source developer, a distributed systems advocate and an active angel investor. He is the co-inventor of Interledger Protocol, an open payments technology designed for payments between different stores of value, such as banks, mobile money schemes and blockchains. He is currently the Chief Executive Officer and Co-Founder of Coil, a content platform powered by open-source web monetization technology that can stream micropayments. Prior to Coil, Stefan was the Chief Technology Officer of Ripple and one of the architects behind Codius, a universal smart contracts platform. Before that, he developed vast experience in digital currencies as both the founder of WeUseCoins.com, the largest website for novice Bitcoin users, and as the creator of BitcoinJS, a software package used by a wide range of Bitcoin businesses all over the world. Stefan was one of the earliest developers in the Bitcoin ecosystem and played a big part in introducing Bitcoin to the masses in 2011 when he created an animated video “What is Bitcoin?”
We are constantly looking for people who are passionate about the values of financial inclusion and industry-leading excellence. Join our team by sending your CV and cover letter to email@example.com or contacting us below.