James L. Melcher
Founder and Partner,
Chief Investment Officer
James Melcher founded Balestra Capital, Ltd. in 1979. He has spent over 40 years as a hedge fund manager, private wealth advisor and venture capitalist. He has extensive experience in a variety of investment areas, including global securities and currencies, commodities, precious metals, leveraged buyouts, private placements, corporate finance, and hedge funds. For over 15 years, he has focused on the investment management of the firm's hedge fund and fund of hedge funds portfolios.
Mr. Melcher began his career as a stockbroker at A.G. Becker & Co., a Wall Street investment firm, which was acquired by Merrill Lynch in 1984. He subsequently formed and managed First Venture Fund, a venture capital fund. .
Mr. Melcher was a member of the 1972 U.S. Olympic team, has competed in six World Championships, two Pan American Games and was a two-time U.S. National Champion in Epée fencing. From 1974 to 1982 he was also a member of the United States Olympic Committee's Investment Committee.
James Melcher received his Bachelor of Arts degree from Columbia University.