7501 Wisconsin Avenue
Suite 1000 - East Tower
Bethesda, MD 20814
Google Maps
Contact
Main Phone: 888-776-5717
Web Site:
http://www.proshares.com
Mutual Fund Brand(s)
ProFunds, ProShares [ETFs]
Research Links
SEC Fund Filings by CIK
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Background:
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Founded in 1997 by Michael Sapir and Louis Mayberg, ProFunds started out as one of a handful of mutual funds firms specializing in leveraged and inverse products. (Sapir both previously worked with a similarly focused firm: Rydex.)
In June of 2006, the ProFunds team claimed an industry first with the launch of their first short and leveraged ETFs under their new ProShares affiliate. Sapir describes this as the beginning of the second phase of the company's history, and he notes that "ProShares quickly overtook ProFunds in size."
Phase three, Sapir says, began in 2015, when the ProShares team "got serious about offering buy-and-hold ETFs" (in contrast with most of the prior ProShares ETFs and ProFunds mutual funds, which were favored by active traders). In 2021, ProShares entered the thematic ETF space.
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Sponsored Opportunities
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Key People:
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Michael Sapir
Chairman, CEO, Co-Founder, ProFunds Group | Louis Mayberg
Co-Founder, ProFunds Group | Ben Fulton
Managing Member, Elkhorn Consulting, LLC | Joanne Hill
ProFunds Group | Amy Doberman
General Counsel, ProFunds Group | William Seale
Chief Economist, ProFunds Group | Don Roberson
Managing Director, Distribution, ProFund Advisors, LLC | Steve Cohen
Managing Director, Strategy and Marketing, ProFunds Group | Rick Kendrick
Marketing SVP, Neuberger Berman Management Inc. | Tim Coakley
Chief Financial Officer, ProShares | ProFunds
ProShare Advisors LLC | David Foxhoven
Executive Vice President, Operations, ProFunds | Christa Hokenson
Chief Human Resources Officer, ProFunds | Aaron Hassinger
Vice President, Account Manager - Defined Contribution Practice, PIMCO Investments LLC |
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