Advisory Board

James Lyle

Advisory Board Member

James is the Founder of Fulmar Advisors, an investment management firm based in Lyford Cay.

Prior to starting Fulmar Advisors, James co-founded Millgate Capital, Inc. and served as the Chief Investment Officer for 15 years. Previously, he was a Managing Director of Tiger Management Inc., with responsibility for international equity and emerging market investment. He also served as a fund manager with Fidelity Management and Research and was a Vice President of Morgan Stanley. At Morgan Stanley, James was responsible for European equity assets, as well as for establishing the Portuguese Investment Fund (London Stock Exchange listed) and the Turkish Investment Fund (NYSE listed).

James holds a BA from St. Edmund Hall, Oxford University, and he served as a research officer at the London Business School, London University from 1983 to 1985. He has also served as a member of the Barron's International Roundtable.

Dave Habiger

Advisory Board Member

Dave is a Senior Advisor to Silver Lake Partners and a Venture Partner at the Pritzker Group. Previously he was the CEO of NDS, the leading provider of technology solutions for the digital pay-TV industry. Shortly after the company’s registration for an IPO on the NYSE, the company was acquired by Cisco.

Dave began his career as a founder of Providence Productions, a media production company, and later served as the CEO of Sonic Solutions, where he organized and managed a global software development team that helped launch multiple media formats and was awarded an Emmy for its contribution to the television industry. Dave received a Bachelor's Degree in Business Administration from St. Norbert College and an MBA from the University of Chicago.

He serves a director on numerous public and private boards, including the Silicon Valley Leadership Group, the National Association of Corporate Directors, the Center for Corporate Innovation and the Advisory Board of the University of Chicago Center for Entrepreneurship.

James Satloff

Advisory Board Member

Jim was most recently the Executive Chairman of InvestorForce, which provides advanced performance management solutions for institutional investment consultants. Jim led the management team in the firm’s sale to MSCI.

Previously, Jim was Executive Managing Director for Standard & Poor’s Investment Services business, where he oversaw S&P’s portfolio of global institutional markets businesses for all aspects of the strategy, growth, and worldwide expansion of S&P’s institutional investor market and mutual fund segments. Jim was previously the President of S&P’s Compustat division. Jim has also been the CEO of the investment bank C.E. Unterberg, Towbin, CEO of the internet media company Inform, as well as Managing Director at both Salomon Brothers and Bankers Trust Company.

Jim has an MBA from Columbia University Business School and a BA from Columbia College, where he majored in Computer Science/Artificial Intelligence with a concentration in Humanities and French. He currently serves as Chairman of the Board of Directors of Liberty Skis Corporation, and as a Board Director of Larkspur & Hawk, a luxury goods manufacturer, and he has also served as an Independent Director for PH2 Advisors, a Cayman Islands hedge fund.

James Gray

Advisory Board Member

James Gray is the Co-founder and was also the Chairman of optionsXpress Holdings, Inc., the online options, futures and stock brokerage. Since taking its first customer in January 2001 until its merger with Charles Schwab, optionsXpress has fundamentally changed how retail investors use exchange-traded derivatives for investing and strategic portfolio management.

James is also the CEO of G-Bar L.P., one of the nation’s largest independent options, and futures trading firms, and has more than 25 years of experience in the financial markets. He holds a BS in Finance and Economics from the University of Iowa.

James is active in many civic and professional organizations, serving on the boards of the Children’s Memorial and the Chicago Museum of Science & Industry. He is also a member of the Young Presidents Organization, the Chicagoland Entrepreneurial Center, the Executives Club and the Economic Club of Chicago, as well as a supporter of the Avrum Gray Family Fund and the G-Bar Philanthropic Foundation.

David Bradley

Advisory Board Member

David is the President of Huizenga Capital Management (HCM), which was founded in 1990 and recently recognized by Institutional Investor as their “2012 Family Office of the Year.” David oversees investments across a wide range of asset classes, including private equity, hedge funds, public securities, real estate, oil and gas.

Prior to joining HCM in 2000, David had a successful career overseeing a number of private businesses, acquisitions and operating entities across North America. He received a BA from University of Illinois at Champaign and earned a certificate in Portfolio Management from the University of Chicago.

David is currently a board member of several outside companies and advisory boards. Additionally, he is an active member of the Young Presidents Organization and currently serves as an officer of the Chicago Chapter.

Tao Huang

Advisory Board Member

Tao Huang joined the Backstop Board of Advisors in 2016. He is the Vice Chairman of Analysys International, a leading Chinese internet analytics company providing marketing data and analytics to the Chinese internet industry. He is a founding member of Rangelight, LLC, a private equity firm based in Chicago. He currently also serves on the boards of several companies; Armstrong World Industries, Inc. (“AWI”), a global building materials firm, SMS Assist, a fast growing SaaS (Software as a Service) provider in the property management industry and Principal Mutual funds (“PFG”), one of the largest asset management firms in the country.

He is also a senior advisor to Tur Partners, a global advisory firm founded by Richard Daley, the former mayor of Chicago. Tao was formerly Chief Operating Officer for Morningstar, Inc. (“MORN”), a leading independent provider of investment research in North America, Europe, Australia and Asia. As COO, he was responsible for leading Morningstar’s executive team, implementing its global strategic goals and managing most of its major acquisitions and integrations. Over the course of his tenure as COO, Morningstar’s revenue grew from $70 million in 2000 to $550 million in 2010.

Prior to his role as COO, Tao spent three years as Morningstar’s President of the International Division, during which he and his team launched operations in 18 different countries through startups, joint ventures and acquisitions. He has also held numerous leading technology roles at Morningstar, including 15 years as the Company’s Chief Technology Officer. Tao received a B.S. in Computer Science from Hunan University (China), an M.S. in Computer Science from Marquette University and an MBA from the University of Chicago.