Nigel Morris is the managing partner of QED Investors, a direct investment fund focused on high-growth companies that leverage the power of data strategies. In addition, he works in an advisory capacity with General Atlantic Partners and Oliver Wyman Consulting. He serves on the board of numerous for-profit companies, including Red Ventures, Klarna, Capital Access Network, Media Math, borro, and Braintree. He is also on the board of the Brookings Institution, National Geographic Ventures, ideas42, and the London Business School.
Previously, Nigel co-founded Capital One Financial Services in 1994. Under Nigel’s leadership, Capital One pioneered an information-based strategy that fundamentally transformed the consumer lending industry. Combining advanced statistical marketing techniques with nascent information technologies, the company reduced costs to conventional borrowers, extended capital to overlooked consumers, expanded internationally, and produced extraordinary returns for investors.
During Nigel’s ten-year tenure, Capital One’s sales grew at a compound annual rate of more than 40%. Over this same decade, earnings per share growth and return on equity both exceeded 20% per year, a financial performance attained by only a handful of American companies. Upon his retirement in 2004, Capital One’s 15,000 employees across the United States, Canada and the United Kingdom managed over $80 billion of loans for 50 million customers. Generating over $1.5 billion in earnings, Capital One had successfully transitioned from an emerging start-up into an established public company valued at over $20 billion.
Nigel has a BSC in Psychology from the East London University and a MBA with distinction from London Business School, where he is also a Fellow. Nigel lives with his wife and four children in Virginia.
Frank Rotman is a founder partner of QED Investors. His investments are focused on financial services and financial technology companies that have data analytics foundations at their core. He serves on the board of Global Analytics, The America’s Card, Wealth Engine, Credit Karma and L2C.
Frank was one of the earliest analysts hired into Capital One and spent almost 13 years there helping build many of the company’s business units and operational areas. With two decades in consumer & small business finance, Frank is widely known in the industry as a Credit Risk and Portfolio Management Expert. His responsibilities have included turning round underperforming business units, building new businesses from concept to market leadership positions, overseeing the credit performance of Capital One as a whole, and creating a Student Lending company after leaving Capital One in December 2005.
Frank graduated from the University of Virginia with degrees that included Applied Mathematics (B.S.) and Systems Engineering (M.S.). His passions in life include competitive gaming (Poker, Chess), reading, writing and thinking about how funny French Bulldogs and Monkeys truly are.
Caribou Honig is a founding partner of QED Investors. His investments span an array of marketing and ad technology companies, particularly in the commerce, online display, and social sectors. He serves on the board of 33Across, Spruce Media, Optoro, and West Cary Group.
Caribou has a passion for data-driven marketing that grew over a decade as he led key marketing initiatives at Capital One. Responsibilities included a $50 mm marketing budget, oversight of a 200 person underwriting operation, and “cracking the code” for digital credit card originations.
Caribou holds a bachelor’s degree in Physics and Philosophy from Harvard University, an MBA from the Darden School of Business, and a JD from the University of Virginia School of Law. He and his wife have two children, an annoying dog, and one evil cat.