Armen Arus is chief operating officer and co-chief executive officer of Transparent Value. He is in charge of the day-to-day operations of the firm. He heads our product and index development, ensuring that our standards and philosophy are consistent throughout the firm.

Armen joined the Commercial Mortgage Backed Securities group of Lehman Brothers Inc. in 1996 as an analyst. He was responsible for evaluating and analyzing real estate investment projects. He built detailed valuation models for retained assets and performed sensitivity analyses to help quantify the behavior of securitizable assets.

In 1999, Armen joined the Acquisition Finance group of Chase Securities, where he recommended capital structure and financing strategies to private equity clients. He helped the group formulate strategies around high-yield bonds, convertible preferred stock and mezzanine and syndicated loans. He also conducted qualitative and quantitative analyses for leveraged buyouts, management buyouts and M&A transactions.

In 2000, Armen joined Financial Resource Group LLC, a boutique investment banking and private equity firm. He worked on all aspects of executing private equity, M&A and bridge-financing transactions. Armen also developed new risk-assessment tools to mitigate investment-loss exposure. These processes provided a platform for analyzing investment opportunities by clearly showing the link between valuation and business performance.

Armen graduated from the New York University Stern School of Business with a finance degree. He is a regular guest lecturer at numerous prestigious universities in India.