About Us
Investment Team

Mr. Hennen's primary responsibilities include portfolio management of public investments, hedge fund due diligence and working closely with investment advisory relationships. Prior to joining Hatteras, Mr. Hennen was a Vice President at Morgan Stanley in the Graystone Research Group, an alternative investments advisory group within Morgan Stanley, where he was involved in the sourcing, evaluation, execution, and monitoring of alternative investments across a variety of strategies. Before joining Morgan Stanley, Mr. Hennen was an Analyst at Morningstar in Chicago. Mr. Hennen received his Bachelor of Business Administration degree in Finance from Western Michigan University. Mr. Hennen has also earned his designation as a Chartered Financial Analyst (CFA).

Mr. Murphy is responsible for the development of internal risk management. Previously, he was with Ivy Asset Management Corp. LLC ("Ivy"), a division of BNY Mellon Asset Management, where he served as a Managing Director in the Investments Group and Investment Products and Strategies Group. At Ivy, Mr. Murphy was responsible for investment research and assisted with product development and portfolio management. Prior to joining Ivy in 2008, Mr. Murphy was a Partner and Director of Risk Management at Meridian Capital Partners, where he worked in various senior capacities since 2001. Previously, Mr. Murphy held senior fixed income investment banking positions with A.G. Edwards, Cowen & Company, Donaldson, Lufkin & Jenrette, and Bear Stearns & Co., Inc. Mr. Murphy received Bachelor of Arts and Masters in Business Administration degrees from the State University of New York at Albany. He earned his designation as a Chartered Financial Analyst (CFA) and has also earned designations as a Financial Risk Manager (FRM) and Chartered Alternative Investment Analyst (CAIA).

Mr. Portnoy is responsible for sub-advisor due diligence and selection for the Event Driven and Relative Value strategies of the Alternative Mutual Funds. Prior to joining Hatteras Funds, Mr. Portnoy co-founded and was a Managing Director of Trust Advisors LLC from 1989 to 2009. Previously, Mr. Portnoy was a Senior Vice President at Evaluation Associates where he developed the firm's institutional mutual fund and consulting business. Mr. Portnoy received his Masters of Business Administration from Capital University and his Bachelors of Arts degree from Ohio Wesleyan University.

Mr. Tonucci is responsible for sub-advisor due diligence and selection for the Long/Short Equity and Market Neutral Equity strategies of the Alternative Mutual Funds. Prior to joining Hatteras Funds, Mr. Tonucci co-founded and was a Managing Director of Trust Advisors LLC from 1989 to 2009. Previously, Mr. Tonucci was a Senior Vice President at Evaluation Associates, where he developed an investment management practice to service the institutional market. Mr. Tonucci has more than 30 years experience in the investment management, mutual fund, and trust industries. He received his Masters of Business Administration with a concentration in Finance and Economics from the University of New Haven and his Bachelors of Arts degree from Southern Connecticut State University.

Prior to joining Hatteras in 2009, Mr. Schultheis organized AIP Mutual Funds in 2002 and was the Chief Executive Officer, Chief Investment Officer, and Managing Member of the Advisor. Prior to that, Mr. Schultheis was Chief Operating Officer of Kinetics Asset Management, Inc. and President of Kinetics Funds Distributor, Inc. Mr. Schultheis has more than 20 years of investment industry experience including the mutual fund programs at Chase Manhattan Bank and U.S. Trust Company of New York. Mr. Schultheis received a Bachelor of Science degree from Cornell University.