Chief Financial Officer & Co-Chief Investment Officer
Raymond Tellini has served as Delta’s Chief Financial Officer since the founding of Delta in 2011. As the company’s CFO, Mr. Tellini oversees all financial business and fund operations including portfolio management, risk assessment, financial modeling, accounting, tax, budgeting, treasury and compliance. Mr. Tellini also serves alongside the CEO as co-chief investment officer where he is responsible for evaluating the merits all Delta investments.
Prior to joining the Investment Manager, Mr. Tellini had over seven years of experience investing in litigation finance opportunities that generated recoveries of over $35 million.
Formerly the Managing Member of Brennecke Partners LLC, a Stamford, Connecticut-based private investment firm focused on specialty finance and growth capital investments. Investments included secondary market purchases from hedge funds of distressed assets; investments in litigation finance (both in commercial disputes and in intellectual property claims); and growth capital investments in fiber optic networks, data delivery technology, medical device companies, and industrial technologies.
Previously Mr. Tellini was a portfolio manager at the Palladin Group L.P., an $800 million market neutral hedge fund. At Palladin, Mr. Tellini was CEO of the captive Broker-Dealer; as well as a portfolio manager for specialty finance and PIPE transactions. Prior to Palladin Group, Mr. Tellini served as Chief Financial Officer of an e-commerce streaming media company where he raised over $37 million in preferred equity and debt financing. Mr. Tellini also has served as U.S. Treasurer of the $1.5 billion private equity firm, Wassall PLC, where he was the principle analyst responsible for supporting acquisition activities in North and South America, primarily focused on leveraged acquisitions of underperforming/turnaround multi-national concerns.
Mr. Tellini started his career at PricewaterhouseCoopers LLP as a Manager in the Corporate Finance and Business Restructuring practice. At PwC, Mr. Tellini performed financial consulting services on behalf of banking institutions and other creditor constituencies in bankruptcy and out of court restructurings.
Raymond Tellini holds a Bachelor of Science in Accounting from Lehigh University, an MBA (focus: finance) from the New York University Stern School of Business, and is a licensed Certified Public Accounting in New York State (inactive).