Breakwave Advisors LLC offers asset management and advisory services to the shipping and commodities industries.
We aim at opening new, exciting, and difficult to access markets to all investors through our innovative products, but also provide the necessary education and research support to assist with the investment process.
We have more than 50 years of combined experience in sell side and buy side roles, spanning from corporate finance and equity research to portfolio management and company-side operations & risk management.
Breakwave Advisors LLC is the Commodity Trading Advisor (CTA) for the Breakwave Dry Bulk Shipping ETF (NYSE: BDRY) and the Breakwave Tanker Shipping ETF (NYSE: BWET).
OUR TEAM
John Kartsonas
Founder and Managing Partner
John was a Senior Portfolio Manager at Carlyle Commodity Management from 2011 to 2017, a commodity-focused investment firm based in New York and part of the Carlyle Group. He was responsible for the firm’s shipping and freight investments. During his tenure, he managed one of the largest freight futures funds globally.
Prior to his role, John was a Co-Founder and Portfolio Manager of the Sea Advisors Fund, an investment fund focused in shipping. From 2004 to 2009, John was the leading Transportation Analyst at Citi Investment Research covering the broader transportation space including shipping. Prior to that, John was an Equity Analyst focusing on shipping and energy for Standard & Poor’s Investment Research.
John sits on the Board of Seanergy Maritime, a publicly-traded dry bulk shipping company, listed in NASDAQ under the symbol “SHIP”.
John received his MBA from the Simon School of Business, University of Rochester.
Steve Whelley
Portfolio Analyst
Steve was previously a portfolio analyst at HarbourVest Partners, a Boston-based fund of funds focused on venture, buyout, and real asset markets. Prior to HarbourVest, Steve was a trading associate at PC Opportunity Fund and a research analyst at Marine Money International.
Steve graduated from the University of Denver Daniels College of Business and attended SEA, an environmental and ocean studies program aboard a sailing research vessel.
OUR PARTNERS
Amplify ETFs, sponsored by Amplify Investments, has over $9 billion in assets across its suite of ETFs. Amplify’s ETFs deliver expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs.
Novisea is an independent, shipping oriented, boutique consulting firm, established in Athens, in 2018. We create content and provide research for the dry bulk and tanker shipping freight rates market. We also monitor the transition to shipping decarbonization and the emerging investment opportunities.