Logan Stone Capital, LLC (“Logan Stone”) was founded in August 2007 by Matthew Herman and Matthew Leffler. Previously, the founders worked together at a proprietary trading firm developing and implementing systematic, non-directional trading models with an emphasis on generating consistent returns with limited downside risk. Logan Stone was established with many of the same principles learned from the founder’s background managing proprietary capital – robust portfolio construction, emphasis on niche areas, and focus on risk mitigation. Many of the successful models they developed focused on smaller, less crowded areas of the market where they could capture a greater “edge”. All of the models were based on a well-researched behavioral or economic rationale. Today Logan Stone seeks to deliver a highly differentiated, steady stream of returns with carefully managed risks for its clients. The firm’s ongoing research effort seeks to identify new sources of inefficiency between similar or highly related securities, expanding its investment capacity. Logan Stone’s principals have significant personal capital invested along their clients.