Stefan is the longest-serving member of the GML team, and has been responsible for supervising the growth of the firm from three professionals in London in 1990 to its present form. He has particular expertise in structuring complex and analytically-intensive transactions, and manages the firm’s risk exposure from the standpoint of legal and counterparty issues.

Stefan is responsible for the firm’s proprietary trading

Stefan began his career after university by spending three and a half years as an Associate in the International Corporate Finance Department of Kidder, Peabody & Co. Incorporated in New York. Whilst there, he executed numerous Euromarket financings on behalf of US issuers, which included convertible and equity-linked financings, fixed rate bonds and floating rate notes. He also structured various mortgage-backed financings which were privately-placed in Japan, and worked on a number of cross-border M&A transactions. This was followed by two and a half years trading the Eurobond syndicate book for Kidder, Peabody International Limited in London, where he priced and traded fixed, floating rate, and equity-linked new Eurobond issues.

An American by birth, Stefan received his Bachelor of Arts degree in Economics cum laude from Harvard University in 1983, and his studies included significant coursework in computer programming, which he also taught. He is married with three children aged 17, 15 and 13and lives in Notting Hill, and enjoys an active outdoor life in Southern Maine during the summer, where he spends as much time as possible on boats.

Ted Stohner is primarily responsible for running GML’s businesses in Russia: debt trading, debt recovery, and creditor representation. He also analyses and trades distressed debts in other emerging countries.

Prior to joining GML, Mr. Stohner worked for a boutique investment banking firm in Moscow. He graduated from the Wharton School at the University of Pennsylvania with a B.S. in Economics.