Doug has been an investor, analyst, founder, and senior executive in the financial technology industry for over 25 years. He is currently Co-Founder and Managing Partner at Communitas Capital, a venture fund he launched in 2018 with Tom Glocer (former CEO of Reuters) and Duncan Niederauer (former CEO of NYSE).
Doug’s career began in 1984 at Instinet, the world’s first electronic stock exchange. He was the company’s 22nd employee, and rose to become its CEO and lead its $464 million IPO. In 2002, he co-founded Efficient Frontiers, a consulting and research firm specializing in trading technology, regulation, and market structure.
Doug was also the CEO of Majestic Research from 2004 to 2008, a data-driven research firm catering to large global fund managers, which was acquired by ITG (NYSE: ITG) in 2010. In addition, from 2010 to 2014, Doug ran Guggenheim Partners’ venture capital business.
In 1999, New York Magazine selected Doug as one of its Top New Yorkers for his leading role in redefining the financial marketplace, and in 2000, Institutional Investor profiled him as one of its top 40 individuals making the greatest impact on e-finance. Doug has served as a board member for Instinet and Tibco Software. Doug has a Bachelor of Arts degree from Tufts University.