Leadership Team
Michael
Michael Messing is co-founder and manager of Bedrock Digital Assets Management, LLC which is the Investment Manager for the Partnership and was formed in June 2021. Concurrently, Mr. Messing is a co-founder and manager of Bedrock Digital Partners, LLC which is the General Partner to the Partnership and was formed in June 2021. In these capacities, Mr. Messing shares responsibility for investment decisions and marketing and management operations of the Partnership. Before co-founding the Investment Manager and General Partner, Mr. Messing was President of Messing Construction Co, Inc. since 2009 and continues to serve as President to present
Mr. Messing holds a Bachelor of Science degree from the Foster College of Business at the Bradley University with a double major in Accounting and Finance, which he received in 2011.
ERiC
Eric Scovill is co-founder and manager of Bedrock Digital Assets Management, LLC which is the Investment Manager for the Partnership and was formed in June 2021. Concurrently, Mr. Scovill is a co-founder and manager of Bedrock Digital Partners, LLC which is the General Partner to the Partnership and was formed in June 2021. In these capacities, Mr. Scovill shares responsibility for investment decisions, marketing, and management operations of the Partnership. Before co-founding the Investment Manager and General Partner, Mr. Scovill left his career in construction management and entered into the financial industry as a wealth manager in 2018. He continues to serve in this capacity today. He was employed with WestPoint Financial Group until 2021 when he formed his own registered investment adviser, Storehouse Wealth Management LLC.
Mr. Scovill holds a Bachelor of Science degree from the University of Wisconsin-Stout with a major in Construction Management, which he received in 2011.
Tom
Tom Costello's career as a quant started in the early 90’s at the JP Morgan Global Headquarters. He worked on the exotic swaps and derivatives desk as part of their institutional trading team. There he designed pricing models, SPV’s and custom hedging solutions for a variety of instruments and derived products. After some time at JP Morgan and Deutschebank, his first work building trading models came a few years later when he reported to Piotre Karazinsky, part of the Nobel Prize winning team that designed the Black-Karazinsky swaption model, now in common and widespread use throughout the finance industry.
Moving to the buy side he spent three years at Louis Bacon’s legendary hedge fund Moore Capital Management, where he was head of a quantitative research team.
He later took that same trading system to Tudor Investments where it was vested at a total of $100 million. He traded it for a total of seven years of continuous profitability – never producing a down year – an exceptionally long lifecycle time for a single trading strategy.
After his time at Tudor, he was recruited as Head of Equity Trading at Telluride Asset Management – a 1 billion bollar AUM hedge fund that was focused exclusively on quantitative investment.
Leaning mostly on that experience and his total of 30 years in institutional finance, he’s recently published his first book, “The Front Office”, a Hedge Fund guide for Day Traders, Retail, and Aspiring Quants.