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The People

Sandra Yeager - The Founder

Sandra Yeager is the President and CIO for Hanoverian Capital LLC. She is head portfolio manager for the Hanoverian International Product, a concentrated, long-only non-US equity portfolio. Before founding Hanoverian Capital, Sandra was Managing Director, Head of International and Emerging Market Equity Investments at DuPont Capital Management. She served as a Member of the Investment Committee and the Business Committee and was the senior portfolio manager for $4B of institutional funds.

Prior to DuPont, Sandra was Managing Director, Head of Global Research (global research included 30 analysts) and Senior Global Portfolio Manager at Morgan Stanley Investment Management in New York and London. She served as a member of the Investment Management Committee and was the senior portfolio manager for over $2B of institutional funds.

Before Morgan Stanley, Sandra spent 14 years at Alliance Capital in New York. At Alliance she served as Associate Director of Global Research, Senior Vice President and Global Portfolio Manager and was responsible for all aspects of management, supervision, marketing and operations of all institutional portfolios managed within the Research Department (approximately $6B of assets at that time.) Her roles included the supervision of eight analyst managers, sector allocation for all global funds and personally managing all customized benchmark portfolios.

Sandra holds an MBA from Harvard Business School and an AB from Wellesley College, cum laude, in both Mathematics and English. Sandra is a member of the Alumnae Association Board at Wellesley College and serves as Alumnae Annual Giving Chairman for the College. She is also a member of the Financial Women's Association, the Economic Club of New York, NASP - National Association of Securities Professionals, and AAAIM, Association of Asian American Investment Managers.




Kristen E. Voigtsberger - CCO, Manager of Operations

Kristen serves as Hanoverian Capital's Chief Compliance Officer and Manager of Operations. Her principal duties are to work with, supervise, monitor and review all operations with our back and middle office service providers; to oversee all aspects of firm regulatory compliance and to handle all client needs and inquiries. Kristen is very well qualified and experienced for this position with over 25 years of experience in investment management in all aspects of back and mid office operations and compliance management.

Prior to joining Hanoverian Capital, she spent 5 years with West Chester Capital Advisors and was responsible for the oversight of all the firm's daily operational activities, as well as serving as Vice President of Compliance.

Prior to the above, Kristen was the Director of Operations for Leuthold & Anderson in Minneapolis and served as a Vice President for the Leuthold Core Investment Fund. She was responsible for all areas of trading, including long and short equities, domestic and foreign securities and bonds.

Kristen graduated from Pennsylvania State University and holds a BA in Russian Language and Soviet Area Studies.

She is a member of NASP.


Annie Tsao - Senior Vice President, Investments

Ms. Tsao most recently was a Senior Vice President and Portfolio Manager at AllianceBernstein. She spent 26 years at Alliance – first as a quantitative analyst, then a fundamental equity analyst and finally a fundamental bottom up portfolio manager. Annie was the lead portfolio manager on a global utility fund that was one of the top 10 performing utility funds ranked by the Wall Street Journal and was awarded a 4-Star rating by Morningstar.

Prior to that, she worked 8 years as a research analyst at two other firms. Ms. Tsao has an MBA from Columbia University and a BBA from Bernard M. Baruch College of the City University of New York, magna cum laude. As a native of Hong Kong, she is internationally experienced and speaks Mandarin, Cantonese and Shanghainese fluently,

Annie is a member of the New York Society of Security Analysts, Wall Street Utility Group, Edison Electric Institute, American Gas Association, Interstate Natural Gas Association of America, the Asian Financial Society, NASP, and AAAIM, Association of Asian American Investment Managers..