Our Team
Our Team
An Experienced Team
For All Your Investment Needs
With 130 Years of experience in trading, finance, distribution and technology our partners have been involved since for the creation of the ETF industry. Whether building the largest ETF market maker on the NYSE or developing unique distribution plans we have learned what it takes for a modern ETF to thrive.
Team Members
Our Management Team
Daniel McCabe
Chief Executive OfficerPrior to joining Precidian Investments, Dan served as CEO of Bear Hunter Structured Products LLC, an NYSE and AMEX specialist firm. Dan joined Bear Hunter in 1997 as vice president of Structured and Derivative Products, where he ultimately ran portfolio trading and managed the firm’s overall exposure in ETFs. He has a background in institutional sales, options trading and index arbitrage with Walsh Greenwood, Merrill Lynch and WG Trading.
Paul Kuhnle
Founding PrincipalPaul was formerly CIO of Bear Wagner Specialists, where he was involved with the establishment of the ETF markets on the AMEX and NYSE. He was also a founding member of the International Securities Exchange. During his career, Paul has developed integrated risk management and compliance systems, as well as a self-clearing operation. Prior to Bear Wagner, Kuhnle ran Global Futures Trading Technology at Merrill Lynch.
Mark Criscitello
Founding PrincipalMark joined Precidian after serving as CFO and COO of the Clearance and Execution division of Bear Hunter. Prior to Bear Hunter, Mark spent 18 years at Kalb Voorhis & Co. as a trader, COO and CFO, and was responsible for risk management, data systems, self-clearance operations and all financing activities.
Stuart Thomas
Founding PrincipalMr. Thomas began his career at Merrill Lynch, where he spent more than 10 years working as a U.S. International Equity Salesman, Senior Deal Manager on the Equity Syndicate Desk, and Manager of the Convertible Sales & Marketing Desk before moving to Morgan Stanley. While at Morgan Stanley, Mr. Thomas is widely credited with creating their retail exchange-traded fund business. He served as Manager of the ETF Sales and Trading Department until his promotion to First Vice President, Director of Equity Capital Markets Sales. On behalf of the World Gold Council, he started World Gold Trust Services in August 2002 to create, manage, and market the first U.S. commodity-backed equity traded on an exchange, SPDR Gold Shares (GLD). In 2005 Mr. Thomas co-founded M7 Ventures (now Precidian Investments) with his partners to create innovative IP in the ETF space. In 2006, Precidian developed the first “physically-backed” currency ETFs and, along with Rydex Investments, launched, CurrencyShares® on the NYSE. Since 2006, Precidian Investments has created a number of unique patent-protected ETF structures including ADRplus®, Managed Distribution ETFs, and the industry changing ActiveShares® ETF which was approved in May 2019.
Mr. Thomas began his career at Merrill Lynch, where he spent more than 10 years working as a U.S. International Equity Salesman, Senior Deal Manager on the Equity Syndicate Desk, and Manager of the Convertible Sales & Marketing Desk before moving to Morgan Stanley. While at Morgan Stanley, Mr. Thomas is widely credited with creating their retail exchange-traded fund business. He served as Manager of the ETF Sales and Trading Department until his promotion to First Vice President, Director of Equity Capital Markets Sales. On behalf of the World Gold Council, he started World Gold Trust Services in August 2002 to create, manage, and market the first U.S. commodity-backed equity traded on an exchange, SPDR Gold Shares (GLD). In 2005 Mr. Thomas co-founded M7 Ventures (now Precidian Investments) with his partners to create innovative IP in the ETF space. In 2006, Precidian developed the first “physically-backed” currency ETFs and, along with Rydex Investments, launched, CurrencyShares® on the NYSE. Since 2006, Precidian Investments has created a number of unique patent-protected ETF structures including ADRplus®, Managed Distribution ETFs, and the industry changing ActiveShares® ETF which was approved in May 2019.
Have Questions?
Precidian’s 130 years of collective experience is always available to our clients.
