CHIEF INVESTMENT OFFICER / HEAD TRADER
At age 13 Mr. Ambartsumian immigrated to United States from Armenia
without a penny to his name.
Between 1992-1994 during the former Soviet Union collapse, his family moved to Siberia from Yerevan for better opportunities, but instead were physically persecuted on regular basis by Russians and Kazakhstanis in a remote village, which didn't even have law enforcement.
Despite a dark childhood, Mr. Ambartsumian quickly moved up the ranks in graduating with honors from UTSA with a BBA in Finance. His luck changed at 26 when he made a small fortune from Bank of America option calls at the height of the financial crisis. He then poured all the profits into San Antonio and Austin homes, which ultimately became the hottest real estate markets during recession.
While a career in residential and commercial underwriting seemed promising, his passion for trading equities and derivatives forced him to gravitate towards fund management.
As of 2024 Avalanche Partners is one of the fastest growing closed end hedge funds in United States despite its modest size, delivering triple digit returns on consistent basis from aggressive derivatives trading strategies.