David N. Baker is the Managing Member of Mercadyne Fund Management LLC and the Managing Principal of the General Partner of Mercadyne Funds LP and Mach 100 LP. He is the principal portfolio manager of the Fund. For the last 25 years, Mr. Baker has been a financial markets professional. His career has included positions as the managing principal of two previous small cap and micro-capitalization, hedge funds; and was ranked as a Top 10 performing Hedge Fund Manager in 1997 by MAR Hedge. Additional positions have included other investment management capacities, proprietary trading, investment banking and securities brokerage. Mr. Baker has extensive experience managing capital for boutique institutional and accredited investors. He has led as investment principal, originating, structuring, financing and investing in private, alternative going public and public transactions for numerous emerging growth companies, as well as advising them at all stages of their corporate lifecycle, from startup through subsequent public financings. Mr. Baker has co-authored two financial analytics patents, including a design for product/service hierarchy database for market competition and investment analysis, as well as a patent for a granular method for index performance by sector. These issued patents were the basis of a Company he co-founded (Revere Data LLC fka Sectorbase) that was eventually acquired by Factset Data Systems, Inc. He is also the Founder and Managing Member of Mercadyne Automated Properties LLC, a portfolio of self storage facilities. Mr. Baker earned a B.A. in 1989 from the University of Colorado and received a J.D. in 1992 from Golden Gate University (and interned with the SEC, division of enforcement). He has previously held Series 7, 63, 65 and 55 securities licenses.
Steve Shum is the Senior Research Analyst of Mercadyne Funds LP, the General Partner. Mr. Shum’s tenure includes 25 years in the financial services industry where he has an extensive background in equity research, macroeconomics and operations management. Since October 2015, he has served as the chief financial officer of Eastside Distilling, Inc, a NASDAQ listed company. Prior to Eastside, Mr. Shum served as an officer and director of XZERES Corp from October 2008 until April 2015, a publicly-traded global renewable energy company, in various officer roles, including chief operating officer and chief financial officer. Mr. Shum also served as the managing principal of Core Fund Management, LP and the Fund Manager of Core Fund, LP. He was a founder of Revere Data LLC which patented an equity research application (now part of Factset Data Systems, Inc.) and served as its executive vice president for four years, heading up the product development efforts and contributing to operations, business development, and sales. He spent six years as the senior investment research analyst and co-portfolio manager of D.N.B. Capital Management, Inc. At DNB, he co-managed their hedge fund portfolio. Steve began his career with the Red Chip Review where he helped transform a start-up publishing company into a professional research firm with over 2,000 institutional clients. He earned a B.S. in Finance and a B.S. in General Management from Portland State University in 1992.