Jay serves as Chief Investment Officer and Portfolio Manager for Orange Investment Advisors. Prior to joining Orange Investment Advisors, he held several positions over 17 years at Semper Capital LP. He joined Semper in 1999 as the Head of Mortgages, and most recently served as the firm’s Chief Investment Officer from 2010 until his departure in 2016, as well as Lead Portfolio Manager of the Semper MBS Total Return Fund from its inception through 2015. Prior to Semper, Jay spent 12 years at Atlantic Portfolio Analytics and Management. His experience included managing mortgage passthroughs and mortgage derivatives, in long only and leveraged portfolios. Prior to managing portfolios, he spent 4 years developing analytical and operational systems, including one of the early CMO cash flow models. He began his career as an electrical engineer at Harris Corp.

Boris serves as Portfolio Manager for Orange Investment Advisors. Prior to joining Orange Investment Advisors, he held several positions at Semper Capital LP, working in research and development, structured credit trading, and most recently as a Senior Portfolio Manager and Trader of structured products. Boris also worked as a Risk Manager at Bayview Financial Trading Group, as a Risk Analyst and Junior Portfolio Manager at HSBC Securities, and at Lazard Asset Management.