Michael Demaray CFA


For the past 25 years Michael has advised, invested-in, and worked at both public and private companies. He began his career in the Los Angeles office of LEK Consulting doing mergers and acquisitions, valuation, and corporate strategy for Fortune 500 companies and leading private equity firms. After that, he was manager of business development at Pets.com in San Francisco. He then returned to Chicago and started Elevated Capital, a long/short equity investment firm which he ran for over a decade. Before joining Bard, Michael was a Director at AEG Partners, a turnaround advisory firm. Michael joined Bard in 2020.

When he isn’t cheering on his children, he’s probably listening to audiobooks or enjoying good food with friends. Michael holds a B.A. in Economics from Wheaton College, cum laude, and is a CFA Charterholder.