Leadership Team

Joel M. Shulman Ph.D., CFA

FOUNDER, CEO & CIO

Dr. Joel Shulman is the Founder, Managing Director, and Chief Investment Officer of ERShares, where he developed the Entrepreneur Factor, a proprietary investment model that pioneered bringing Venture Capital (VC) principles to public markets. He was the first to create a thematic investment strategy around this concept 20 years ago.

Dr. Shulman is also a tenured professor at Babson College, the No. 1 school for entrepreneurship, specializing in entrepreneurial companies and capital markets. He is the author of a top-ranked business book that explores the role of entrepreneurship in financial markets and investment strategies. His insights have been featured in The Wall Street Journal, Barron’s, Forbes, and he is a frequent guest on CNBC, Fox Business, and Bloomberg.

Earlier in his career, he founded and successfully exited The Shulman Review, a CFA test-prep company that trained 12,000+ professionals across 110+ countries. He has also worked with The World Bank, contributing to macroeconomic policy and capital market development in Central Asia.

He holds a Ph.D. in Finance, the CFA designation, and an MPA from Harvard’s Kennedy School, integrating expertise in financial markets, macroeconomics, and entrepreneurial innovation. His research examines the VC model’s role in shaping capital efficiency, risk-adjusted returns, and the sustained outperformance of entrepreneur-led firms in public markets.

Eva Ados

COO & Chief Investment Strategist

Ms. Eva Ados is the COO and Chief Investment Strategist at ERShares, where she leads global macro strategy and thematic investing in innovation and high-growth sectors. A Fulbright Scholar with over a decade of experience in financial markets, macro strategy, and investment analysis, she has played a key role in building ERShares’ global fund into a top-performing investment vehicle over the past three years.

Ms. Ados is widely recognized for her exceptional stock-picking insights, identifying high-potential companies such as Applovin long before they became household names. Her expertise spans entrepreneurial innovation, disruptive technologies, and global macroeconomic strategies, making her a sought-after voice in the investment community. She has also been a recipient of multiple awards in entrepreneurship and innovation, recognizing her contributions to finance and emerging technologies.

A frequent contributor to CNBC, Bloomberg, and Fox Business, she provides expert analysis on global markets, economic trends, and equity selection in high-growth sectors. She holds a Master’s, summa cum laude, in Innovation & Technology and a Bachelor of Science, summa cum laude, in Economics & Finance. Multilingual with international experience, Ms. Ados brings a global perspective to finance and investing.

Kevin Cramton

Director of Private Equity

Mr. Cramton, plays a key role in identifying and evaluating private equity holdings for the XOVR ETF. He was previously CEO or Executive Chairman of 5 companies and has over 15 years of Private Equity experience. During his 20-year career at the Ford Motor Company, he was responsible for Ford’s Merger and Acquisition (M&A) and Venture Capital activities, executing around 50 M&A transactions with a value of about $25 billion.

Mr. Cramton played a key role in the $15B Hertz sale, the second-largest LBO after RJR Nabisco. He also led the $2B Jaguar/Land Rover sale and the $1B Aston Martin sale. Mr. Cramton, also helped shape Sirius Radio into an industry leader and successfully monetize the investment.

Mr. Cramton served on the Board of over 25 businesses including 3 public companies in various markets and industries. He has extensive international business experience, including assignments in the Asian and European regions and worked in four world capitals. He holds an MBA in Finance and a BA in Business Administration and is an alumnus of the London Business School Executive Management Program. He is also the author of the book TUNED: Leadership Lessons from a Motown Kid Turned Global CEO.

Mihai R. Prisacariu

CHIEF COMPLIANCE OFFICER

Mihai R. Prisacariu is the Chief Compliance Officer and Senior VP at ERShares, where he has been instrumental in shaping compliance policies, risk management, and regulatory oversight since 2017. With a background in finance dating back to 2016, he has played a key role in the firm’s ETF market research, investment structuring, and operational compliance. Mihai specializes in due diligence, policy development, and compliance testing to ensure regulatory adherence and operational efficiency.

He holds a Master of Science in Finance from Babson College’s F.W. Olin School of Business and a Bachelor of Science in Finance and Global Business Management from Babson College.

Rahul M Raj

Senior Financial Analyst

Rahul Mahendra Raj is a Senior Analyst with a focus on portfolio management, financial analysis, and strategic initiatives. At EntrepreneurShares, he helps in managing the ETF, Mutual Fund and Index Strategies. With a robust background in Consulting, financial modeling, due diligence, and strategic decision-making, he is always seeking opportunities to unlock value and drive compounded growth. A graduate of Babson College with an MBA in Entrepreneurship and Quantitative Finance, Rahul is a firm believer in “growth at a reasonable price” investing. Rahul combines his technical expertise with a passion for leadership and innovation in the financial sector. Outside of ERShares, Rahul’s unwavering commitment to service finds purpose in Freemasonry, where he upholds its noble principles to give back to society.

Evie Wang

HEAD OF RESEARCH ANALYTICS

Evie Wang is the Head of Research Analytics at ERShares. She started working on company operations and financial data analysis, and will also actively participate in projects empowering ERShares with cutting-edge technology. Through experience working in financial institutions, technology firms and start-ups, she has developed a mindset to quickly absorb, understand and analyze information of new areas. Her competitive analytical skills, detail-oriented workstyle and spirit of teamwork will enable her to help expedite the vigorous growth of ERShares in the future. Evie received her Bachelor of Economics with a concentration in financial economics from Tsinghua University and her Master of Science in Finance from International Business School at Brandeis University.

Derrick Ji

Quantitative Financial Analyst

Derrick Ji is the Quantitative Financial Analyst at ERShares. He has a strong background in both computer science and quantitative economics. Before joining ERShares, he had 5+ years of research and data analysis experience (including 3 years of work experience as a data scientist). Derrick is passionate about doing research and conducting data analysis to help people make better business decisions. He has experience in using machine learning models and statistics/econometrics methods to solve real-world problems. In addition, he also has experience in collecting and manipulating data from various sources and experience in using ETL tools to build data pipelines. Derrick received his Bachelor of Science in Computer Science from South China Agricultural University and his Master of Science in Econometrics and Quantitative Economics from Tufts University.

Lauren Park

Senior Operations and Financial Analyst

Lauren Park is the Senior Financial and Operations analyst at ERShares. She actively works on firm operations, focusing on compliance-related projects, marketing communication, and financial data analytical research. She manages the company brand positioning, design, and creative projects. Lauren has a strong background in the areas of operations, finance, and, control and compliance. Outside of ERShares, Lauren is a leader on topics including innovation, technology, impact on business, and intellectual property law with years of experience in the IT industry as a corporate legal consultant. With her technical prowess and sharp analytical skills, she hopes to help maintain and accelerate the growth of ERShares. Lauren received her Bachelor of Science with a double concentration from Babson College in 2020.

George Adosoglou

Senior AI Analyst

George Adosoglou is a senior AI Analyst, responsible for the incorporation of artificial intelligence in investment strategies and portfolio diversification. He is working on a series of projects that consist of incorporating large amounts of unstructured data and leveraging machine learning to extract the relevant insights for analysis. His duties also include streamlining portfolio analysis processes by leveraging AI. George also analyzes various trends in information technology/biotechnology and leverages machine learning techniques on various types of data. George is completing his Ph.D. at the University of Florida’s College of Engineering with a focus on Machine Learning, Asset Pricing, Natural Language Processing, Optimization, Network Science, and Data Mining. He has work experience in the pharmaceutical industry in Europe, as well as in military logistics and the IT sector.

David Zamarin

IT Manager

David Zamarin is an IT Manager at ERShares, overseeing technology infrastructure, operations and security. With a background in IT strategy and business process optimization, he enhances workflow automation and digital transformation. A Babson College graduate, David integrates technology and business strategy to drive efficiency and innovation at ERShares.

Carlos Ricardo Moncayo Cuesta

Financial and Operations Associate

Carlos Ricardo Moncayo Cuesta is a Financial and Operations Associate at ERShares, contributing to investment strategies like the XOVR ETF, the first ETF to hold both public and private equities. Previously, he worked at Endeavor, supporting high-impact ventures, and has experience in fairness opinions, investment research, and private markets. He is currently pursuing a B.S. in Business Management and Administration with a concentration in Finance and Business Analytics at Babson College, aiming to leverage his expertise in public-private crossover investing.