No more Mr. Nice Guy/wife/partner

First, the back story: Martin Coward and Elena Ambrosiadou, currently in the process of getting divorced, were once partners in business and in marriage. They met at Cambridge, fell in love, and founded hedge fund group Ikos in 1992. Math nerd-cum-ladies man Coward was “the brains” behind the investment strategy and research, while Ambrosiadou, who holds a master’s degree in business, was named chief executive, ran operations and “was a key driver of growth.” In the beginning, things went prettay prettay prettay well.

Ikos is named after an ancient Greek word for “household.” Mr. Coward and Ms. Ambrosiadou embraced a strategy known as “quant” investing, which uses computers to drive investments based on complex mathematical models, rather than relying on individuals to pick stocks. The couple’s strong performance record attracted prominent investors, people familiar with the firm say. By 2007, they had moved the business to Cyprus, with assets peaking at around $3.4 billion.

Then things started to get tense when the two began disagreeing over how to run the firm, turf, and probably whose turn it was to take out the trash. Coward was having a lot of “me time” with one person “who knows them” noting that Marty, a licensed pilot with a penchant for windsurfing, “frequently went on vacation.” While he was on one of his vacays (this one was skiing the Alps), Ambro made the executive decision to fire one of her husband’s London-based research teams without letting him know first. And Coward did not like that!

Maybe her friend will want to work for him too?

He decided, rather to roll over and take it, to leave the firm, which has allegedly resulted in investors threatening to leave as well. Will these two kids at least be able to work it out on the homefront? Last month Elana had the keys to a private jet he was flying confiscated (with a trip to the police thrown in for good measure as Marty was not in a cooperative mood), resulting in him having to take a commercial flight back to France from Greece. So a reconciliation may not be in the cards but we still do have some good and potentially good news! The first is that Coward bought a new plane, which is being delivered A-SAP (a Cessna Citation Mustang). The second is that he may not only have a new special lady friend but a partner too! Martin has apparently been spending some quality time with “a beautiful Brazilian girl, called Leiana” (seen at left, no last name). And as he is currently unemployed and probably looking to get back in the game and has a track record of shitting where he eats, this seems perfect! Granted, Leiana may not have the same pedigree as the first wife/CEO but she makes up for it in high melanin levels.

‘She hasn’t got much of a head for business, but she does like topping up her tan,’ says a friend of Monte Carlo-based Coward’s new squeeze. ‘Naturally, Martin is very proud of her.’

Just something to think about. Alternatively they could screw the new business and just play a few rounds of CEO and Secretary Ho. But I think making her a PM would be more fun.


Ikos Divorce Rattles Firm
[WSJ]
How To Get Over Losing Your Private Plane [Daily Mail]

26 comments (hidden for your protection)
Show all comments ↓

Comments (26)

  1. Posted by Effective Date | July 26, 2010 at 12:22 PM

    buzz, your girlfriend – WOOF!

  2. Posted by Anonymous | July 26, 2010 at 12:26 PM

    Marty is such a Coward.

    -Guy who makes obvious jokes

  3. Posted by client 9 | July 26, 2010 at 12:29 PM

    color photo provided by unnamed former SEC employee

  4. Posted by OptionsTrader | July 26, 2010 at 12:36 PM

    LOL @3 I was going to say the same thing

  5. Posted by Anal_yst | July 26, 2010 at 12:37 PM

    Seeing how much Ambro overpaid for the Maltese Falcon last year (at least E10mm, if not 15 or 20), I wouldn’t be surprised if she’ll end up regretting ostracizing the unfortunately-named Coward sooner, rather than later…

  6. Posted by Anonymous | July 26, 2010 at 12:38 PM

    WTF a Cessna Citation Mustang? really? Where is Leiana going to take her naps?

  7. Posted by Anonymous | July 26, 2010 at 12:39 PM

    she looks like a man

  8. Posted by ivyleagueprepcook | July 26, 2010 at 12:41 PM

    How does she feel about her servers being co-located?

  9. Posted by Anonymous | July 26, 2010 at 12:47 PM

    cessna cit. mustang is one of the few jets certified to fly with a single pilot, which is almost assuredly why he chose it. and it’s pretty nice to fly in and out of the clearport with. also pilots aren’t licensed they are certified, hth.

  10. Posted by Louis Winthorpe III | July 26, 2010 at 12:59 PM

    Any relation to Grant Cowherd?

    Grant, get back to work.

  11. Posted by zorro | July 26, 2010 at 1:38 PM

    The blondie is Ambro’s spy! I bet she is a camouflaged math or engineering genius and was hired to copy Coward’s secrets!

  12. Posted by b2b MD | July 26, 2010 at 1:41 PM

    Dude looks like a lady

  13. Posted by Anonymous | July 26, 2010 at 1:44 PM

    What is the Greek word for dumbass?

  14. Posted by Why are You Always Fucking Ghosts | July 26, 2010 at 1:59 PM

    Yes, no, yes, no.

    (r-l; t-b)

  15. Posted by Anonymous | July 26, 2010 at 2:18 PM

    Is that Coward in drag?

  16. Posted by Anonymous | July 26, 2010 at 2:20 PM

    It was the tyoe of firm that requires you to supply your SAT scores and make you take brainteaser tests in interviews. It needs to go.

  17. Posted by sladd | July 26, 2010 at 4:24 PM

    Dude looks like a lady

    -Steve Tyler

  18. Posted by Anonymous | July 26, 2010 at 9:24 PM

    hope he knocked in a cleveland steamer before she got the jet

  19. Posted by Orlando Furioso | July 26, 2010 at 9:43 PM

    Conjo! que fea!

  20. Posted by jj | July 27, 2010 at 4:17 PM

    Liberace
    ????

  21. Posted by tips to get pregnant with twins | May 3, 2012 at 2:04 AM

    Really fascinating information !Perfect just what I was looking for! 292299

  22. Posted by Akkusauger Amazon | May 3, 2012 at 5:30 AM

    cleaning supplies ought to have earth friendly organic ingredients so that they do not harm the environment 744223

  23. Posted by thigh pain | May 3, 2012 at 6:37 AM

    Hello

  24. Posted by handstaubsauger stiftung warentest | September 8, 2012 at 1:42 AM

    I beloved as much as you’ll receive carried out proper here. The comic strip is tasteful, your authored subject matter stylish. nevertheless, you command get bought an edginess over that you want be handing over the following. unwell indubitably come more beforehand once more as precisely the same just about very incessantly inside case you defend this increase.

  25. Posted by lwjynguopjm | October 2, 2012 at 11:37 AM

    3xEuXH zsgwnozipbaj, [url=http://jbbhazqnrvjq.com/]jbbhazqnrvjq[/url], [link=http://skmarxjskqmy.com/]skmarxjskqmy[/link], http://sietqbzswpjb.com/

  26. Posted by wow gold | October 10, 2012 at 4:05 PM

    Wonderful site. A lot of useful info here. I am sending it to several pals ans also sharing in delicious. And naturally, thank you on your sweat!