Our Team
David Bedford
CIO & President
David founded Crescent Bay Capital Management in 2003, bringing a unique blend of scientific rigor and market insight to the world of trading. His path to launching the firm began in the field of biomaterials research at the University of California, San Francisco, where he developed the analytical discipline and attention to detail that would later serve him well in the financial markets. Transitioning into trading in 1999, David quickly demonstrated a keen ability to navigate complex systems and data-driven environments. By 2004, he had become a registered member of both the National Futures Association and the Commodity Futures Trading Commission, formalizing his role in the managed futures and options industry. Over two decades, David has continually refined his strategies to adapt to shifting economic cycles and market dynamics. Today, Crescent Bay Capital Management manages a single, unified strategy for all clients—reflecting David’s conviction in a consistent, disciplined approach grounded in deep expertise and real-world performance. David holds a B.S. from Pepperdine University in Malibu.
Marta Obando
CEO & Principal
Marta Obando is a highly experienced financial market professional with a strong background in hedge funds and alternative investments. She has raised capital for prominent hedge funds, including Muddy Waters Capital and RAYS Capital, showcasing her expertise in navigating complex financial markets and fostering investor relationships. Marta's career includes roles as a broker at top-tier investment banks in Hong Kong—Morgan Stanley, Merrill Lynch, BNP Paribas, Bear Stearns, and Citigroup—highlighting her versatility in cash and derivative products. As a founder and partner in a consultancy, she expanded into private equity and venture capital, excelling in identifying investment opportunities and connecting investors with growth-oriented businesses. With a global network across diverse industries, Marta leverages her relationships with high-level professionals to gain unique insights and competitive advantages. She holds a B.A. from the University of Missouri – Columbia.
John Nivinski
Head of Research & Strategy
John Nivinski is a seasoned software engineer and entrepreneur with over 30 years of expertise in high-frequency trading systems and financial technology. As the founder of companies like Watcher Technologies, Relativity Systems, and Obsidian Investments, he has pioneered fully autonomous trading systems and advanced strategies for stocks, futures, and options. John has also held senior roles at industry leaders, including Datek, Ameritrade, ISLD ECN, and Lightspeed Trading. A U.S. Army veteran, he holds a Bachelor of Science in Computer Science from California State University, Chico.