David Bedford - President/Principal Mr. Bedford graduated in April 1990 from Pepperdine University in Malibu, California with a Bachelor of Science degree in Sports Medicine. In May 1990, he became a Partner of Bedford Hardwood (a wood flooring sales and contracting company). In June 1991, he co-founded Sand Vac Systems (a manufacturer of dust retrieval systems for the construction industry). Mr. Bedford served as Manager of Business Operations for both Bedford Hardwood and Sand Vac Systems through April 1996.
From May 1996 to December 1997, as a Biomaterials Research Associate at University of California at San Francisco, Mr. Bedford managed projects using statistical and quantitative testing methods (a prelude to his future career in trading systems research). From January 1998 to February 2007 he was employed as a District Sales Manager by GC America, an International dental products manufacturer.
While remaining gainfully employed with GC America, Mr. Bedford began graduate coursework in quantitative analysis, statistics, and information technology at Golden Gate University in August 1998. These studies, combined with his interest in the markets, launched the pursuit of profitable trading methods and research. Mr. Bedford has been an active trader since August 1999, testing his methods and skills in the stock, futures, and options markets.
Mr. Bedford serves as President of Crescent Bay Capital Management, Inc. (CBCM) which was formed January 20th, 2003 for the purpose of trading and market research. CBCM was engaged in the research and development of futures trading strategies from January 2003 to August 2004. CBCM has been registered with the National Futures Association (NFA) and the Commodity Futures Trading Commission (ï¿½CFTCï¿½) as a Commodity Trading Advisor (ï¿½CTAï¿½) since August 23rd, 2004. CBCM was previously registered as a Commodity Pool Operator (ï¿½CPOï¿½) from November 14th, 2006 to October 18th, 2009. Mr. Bedford was also listed as a Principal of Light Tower Investments, Inc. (LTI) from October 28th, 2010 to December 17th, 2010. LTI was a pending IB, but never a registered IB, and no business was conducted through this entity while Mr. Bedford was a Principal. He sold his equity share in LTI on January 17th, 2011 and has not had any affiliation with LTI since.
Mr. Bedford continues to research multiple trading strategies and alternative markets in addition to constant management and refinement of CBCMï¿½s currently offered managed account programs. The managed futures programs currently open and offered by CBCM are the Premium Stock Index Program (ï¿½PSIPï¿½) and the Balanced Volatility Program (ï¿½BVPï¿½).