Graham Copley
Graham Copley has rejoined SSR as a Senior Analyst in the Chemicals space. During the last six years, Graham has had a successful consulting career that has allowed him to cultivate his long-standing relationships on the corporate side. He is a chemical engineer by education and has spent roughly half of his career in the chemical industry and half in investment research and equity management. Most recently, Mr. Copley was Head of US Equities for Macquarie Securities Group, a Board director of Macquarie Securities USA (the broker-dealer) for 3 years, and a member of the US management committee of Macquarie. Prior to Macquarie, Mr. Copley held the role of Global Head of Equity Research for HSBC. In addition to management roles in the equity business, he was a research analyst at Sanford C Bernstein & Co. LLC from 1996 to 2004, covering the chemical industry, where he was consistently ranked within the top three analysts in the sector. He currently resides in Houston, TX.
Tim Nollen
Mr. Nollen is a seasoned financial analyst and former Managing Director at Macquarie Capital USA, with over two decades of experience covering the global media and technology sectors. Based in New York, he has led equity research on companies spanning streaming, advertising, ad tech, and entertainment, including Disney, Netflix, and The Trade Desk. As TMT Sector Head, Tim has managed cross-regional analyst teams, produced influential thematic reports, and collaborated closely with investment banking on IPOs and private company evaluations. His insights have been featured in major outlets such as Bloomberg, CNBC, the Financial Times, and the Wall Street Journal. Earlier in his career, Tim launched European media coverage at Macquarie Capital Europe and held senior analyst roles at J.P. Morgan and Bear Stearns. He holds an MBA and a Certificate in International Business Diplomacy from Georgetown University, where he also earned his undergraduate degree in Philosophy. Outside of finance, Tim is an accomplished pianist, fluent in Czech, and an avid traveler and outdoor enthusiast.
Paul Sagawa
Mr. Sagawa leads the Technology, Media and Telecom practices at SSR. He has worked in and around the industries for over 20 years, including his 11 year tenure as a senior research analyst at Sanford C. Bernstein. While at Bernstein, he was named to the Institutional Investor All-Star Team in three different categories, including the number one position in wire-line communications equipment after his prescient call in September 2000 noted that cash strapped telecom carriers would be unable to pay for technology purchase commitments and correctly predicted the subsequent collapse in the sector. In his most recent position at Bernstein, Paul conceived and launched a new business area as the firm’s first Small Cap Equity Strategist. Prior to Bernstein, Paul spent six and half years at McKinsey and Company, rising to the position of technology sector specialist in recognition of his communications industry acumen. His earlier experience includes three years as a sales representative for AT&T’s equipment business. Paul earned his AB in Economics and MBA from Harvard University.
Hugh Wynne
Prior to joining SSR, Hugh Wynne was Managing Director and Senior Research Analyst at Bernstein Research, where he was responsible for the regulated utility, independent power and renewable energy sectors. In that role, he was ranked nine times by Institutional Investor in its annual All-American Research Team poll. Hugh’s power sector research has focused on the key long term trends driving structural change in the industry, including slowing load growth and its impact on industry revenues; increasingly stringent environmental regulations and their impact on the coal and oil fired fleets; rapid growth of utility scale renewable generation and widening consumer uptake of distributed solar; and the challenges renewable generation presents both to competitive power markets and the traditional utility business model. Before joining Bernstein, Hugh was Vice President of Finance at ABB Energy Ventures, the power project development subsidiary of ABB Asea Brown Boveri, where he was charged with making equity investments in and arranging non-recourse financing for major power generation and transmission projects globally. At ABB, Hugh participated in the privatization and 750 MW expansion of the TermoBarranquilla gas-fired power plant in Colombia, the construction of two 500 MW combined cycle gas turbine plants in Monterrey and Rosarito, Mexico, the construction of a 275 MW integrated gasification combined cycle power plant in Ancona, Italy, the privatization and 700 MW expansion of the Jorf Lasfar coal-fired power station in Morocco and the privatization of the South Australian transmission grid. Previously, Hugh was a Senior Vice President at Lehman Brothers’ Utilities and Project Finance Group. Hugh holds a B.A. degree from Harvard University, where he graduated magna cum laude and was elected to Phi Beta Kappa, and a M.A. degree in Economics from Stanford University.
Eric Selmon
Prior to joining SSR, Eric Selmon was a senior member of the research and portfolio management team at Longbow Capital Partners, a utility/energy-infrastructure focused hedge fund. During this time he also consulted for a number of asset managers and corporate entities in the cleantech, utility, power and energy industries, including successfully arranging financing for several MW of rooftop solar projects, advising a utility-scale energy storage company, overseeing a power plant optimization software company and raising capital for a number of cleantech startups. Previously Eric worked at Bernstein Research covering electric utilities alongside Hugh Wynne and at Lehman Brothers in energy sector research. Eric holds a J.D. degree from Harvard Law School, and B.S. in Earth Systems and M.S in Engineering degrees from Stanford University.