BRETTON CAPITAL MANAGEMENT - Key Persons

Raphael de Balmann joined the Bretton Fund in 2015 and serves as its portfolio manager. Before joining Bretton, Raphael was a partner at One Equity Partners, the private equity arm of JPMorgan. Raphael was previously a principal at Paine & Partners/Fox Paine, and worked in the private equity groups of Blackstone and Lazard in New York and London. Raphael has an MBA from Stanford University and an AB in social studies from Harvard College.

Stephen Dodson founded the Bretton Fund and serves as its president and portfolio manager. Before Bretton, Stephen served as president and portfolio manager at Parnassus Investments, a mutual fund investment management firm. He previously worked for the venture capital group of Advent International, a private equity firm, and in investment banking for Morgan Stanley in New York and Menlo Park. He has a BS in business administration from the University of California, Berkeley.