Nelson Saiers

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Nelson Saiers was Chief Investment Officer of Saiers Capital, LLC (formerly Alphabet Management, LLC) and was previously a Managing Director at Deutsche Bank AG.


In 1998, Nelson "Nelly Nel" Saiers earned his Ph.D. in mathematics from the University of Virginia at the age of 23,[1] only one year after completing his undergraduate studies.[2] He studied algebraic topology and cobordism theory.[3]


Nelson began his trading career at Susquehanna Investment Group. He also later worked at UBS and Deutsche Bank.[4] At Deutsche Bank, Nelson was a Managing Director for proprietary derivatives. [4]

In July 2010, Nelly Nel left Deustche Bank to join Alphabet Management, a New York hedge fund specializing in options.[4] He was promoted to Chief Investment Officer in March 2011, just eight months after joining the firm.[5][6] Saiers' younger brother Scott also joined Alphabet in February 2012 as Head Trader.[7]

In December 2012 Alphabet announced that the firm would be changing its name to Saiers Capital, LLC.[8]

Press quotes[edit]

Nelson has been widely quoted in Bloomberg,[9] The Wall Street Journal,[10] Barron's,[11] and The Financial Post on topics such as China,[12] India, European Sovereign Debt,[13] Facebook,[14] Dell,[15] and the price of gold as well as overall market trends.


Nelson has an affiliation with charity: water, which attempts to provide clean water to those in developing countries. Nelson is a Founding Member of The Well, a core group of donors who support charity: water.[16]

In October 2013, during the graffiti artist Banksy's month-long New York project "Better Out Than In," Nelson made a public offer to donate $100,000 to the Hurricane Sandy rebuilding effort if Banksy created a legal mural in New York to raise awareness for people still affected by the storm.[17] An anonymous donor "RD" has also joined this effort, and has pledged an additional $100,000. Nelson has created a website for the effort: Whether the piece was created or not is unknown, but on October 28, Nelson decided to go forward with the $100,000 donation regardless.[18]


  1. ^ Creswell, Julie (March 17, 2011). "Funds Find Opportunities in Volatility". New York Times. Retrieved January 31, 2013. 
  2. ^ "UVA News". Retrieved January 31, 2013. [broken citation]
  3. ^ Saiers, Nelson (19 May 2000). "The cobordism classification of projective space bundles". Topology and its Applications 103 (2): 179–186. doi:10.1016/S0166-8641(99)00002-4. Retrieved January 31, 2013. 
  4. ^ a b c Kearns, Jeff (15 July 2010). "Deutsche Bank Loses Option Trader Saiers to Hedge Fund Alphabet Management". Bloomberg. Retrieved 21 February 2013. 
  5. ^ Kearns, Jeff (March 15, 2011). "Alphabet Promotes Saiers to Investment Chief of Volatility Fund". Bloomberg. Retrieved January 31, 2013. 
  6. ^ "Saiers Rising, Becomes CIO of Hedge Fund Alphabet". FINAlternatives. 16 March 2011. Retrieved 21 February 2013. 
  7. ^ Hiralal, Baz (23 February 2012). "Movers and Shakers". The Deal Pipeline. Retrieved 21 February 2013. 
  8. ^ Gammeltoft, Nikolaj (December 7, 2012). "Saiers Made Partner at Alphabet Management After 27% Gain". Bloomberg. Retrieved January 31, 2013. 
  9. ^ Gammeltoft, Nikolaj, Liz Capo McCormick & Cecile Vannucci (2 April 2012). "Volatility Lowest Since '07 in Stocks, Bonds, Currencies". Bloomberg. Retrieved 21 February 2013. 
  10. ^ Nayak, Debiprasad and Tatyana Shumsky (24 December 2011). "India Slows Rush for Gold: Rupee's Fall Hits World's Biggest Consumer of Gold, and Possibly Global Prices". The Wall Street Journal. Retrieved 21 February 2013. 
  11. ^ Conway, Brendan (30 June 2012). "How to Profit from High Correlation". Barrons. Retrieved 21 February 2013. 
  12. ^ Cao, Belinda and Leon Lazaroff (2 July 2012). "Internet Stocks Lead Retreat on Manufacturing: China Overnight". Bloomberg Businessweek. Retrieved 21 February 2013. 
  13. ^ Newcomb, Peter (27 July 2012). "World's Richest Gain $15.2 Billion as Global Markets Rise". Bloomberg Businessweek. Retrieved 21 February 2013. 
  14. ^ Vannucci, Cecile and Nikolaj Gammeltoft (30 May 2012). "Facebook Contracts Top 365,000 in Fastest Start for IPO". Bloomberg. Retrieved 21 February 2013. 
  15. ^ Gammeltoft, Nikolaj and Cecile Vannucci (18 January 2013). "Dell Options Show Traders Betting on Buyout About $14". Bloomberg Businessweek. Retrieved 21 February 2013. 
  16. ^ "2010 Financial Report". 
  17. ^ Gammeltoft, Nikolaj (7 October 2013). "Hedge-Fund Manager Saiers Offers Banksy $100,000 for Sandy Help". Bloomberg. Retrieved 8 October 2013. 
  18. ^ STONE, MADELINE. "Hedge Fund Manager Donates $100,000 To Hurricane Sandy Relief Without Banksy's Help". Business Insider. 

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