The Team

Michael Carter

Managing Director
Head of Research, Oil & Gas Research

Michael joined Visor Capital in January 2007 from ING Bank, where he was Head of Equity and Head of Research in Italy. His research experience has been in the oil, oil service, transportation and industrial sectors. He was part of a top-ranked Research teams at UBS from 1995-2001, both in London and Milan. Previously, he was a management consultant at Bain & Company in Italy where he managed strategic consulting projects in the oil, oil service, telecom and media sectors. Michael holds a BA with Honors from U.C. Berkeley and an MBA from Georgetown University.

Jason Hurwitz

Director
Financial Sector Research

Jason joined Visor Capital’s research team in January 2006 and was previously a Senior Consultant at Towers Perrin in New York doing research in the valuation and maximization of intangible assets. He also focused on derivatives and structured finance as an associate in the Global Risk Management Group at Bankers Trust and in the Financial Services Department at Arthur Andersen. Jason holds a BS in mathematics from Lafayette College that included a year of study at Moscow State University and holds an MBA with honors from Columbia University.

Yuriy Khramtsov

Economist

Yuriy joined Visor Capital in September 2007 from CABC and BTA, where he worked as an analyst in research group at Treasury. In his previous positions he did econometric multi-equation and other types of forecasting for the bank and its clients, as well as financial analysis of affiliated companies in real sector. Previously Yuriy worked as a programmer on his own and Ministry of Education projects. He holds a MSc in physics from Kazakh State University and an MA in economics from Kazakhstan Institute of Management Economics and Strategic Research (KIMEP).

Leila Kulbayeva

Senior Analyst
Mining Sector

Leila joined Visor Capital in June 2007 from BCC Invest, the investment subsidiary of Bank CenterCredit. At BCC Invest from November 2005 to June 2007, Leila worked in International Capital Markets consulting Kazakh companies on raising international equity capital and on acquisitions while focusing on the mining sector. Previously she worked as External Affairs Director and Project Finance Manager at the AES Group Companies in Kazakhstan. Leila holds a BS in economics from Kazakh State University and Masters degree in international finance from Columbia University.

Sergei Vasiliev

Associate
Small & Mid Cap Research

Sergei Vasiliev joined Visor Capital in January 2006. He has covers Small & Mid Cap stock and has helped in the coverage of the banking sector and other research products. Before joining Visor Capital, Sergei was working in a consulting company, carrying out research for the Privatization Committee of the Finance Ministry. Sergei graduated with honors from Kazakh National University with a specialization Financial Modeling and Forecasting. Sergei recently completed his masters degree in economics with a major in financial-economic modeling from the same university.