Justin B. Borus

Founder and Chief Investment Officer

Justin is the Founder and Managing Partner at Ibex Investors, a Denver-based investment firm. Prior to Ibex, Justin worked at Bear, Stearns & Co. Inc. in both the private equity and investment banking groups in New York and London.  Justin has served on the Board of Directors of several non-profits including the Anti-Defamation League and Colorado Public Radio.  In his spare time, he also became a syndicated cartoonist for over a decade with a daily comic strip appearing regularly in over 300 newspapers across the country. Justin graduated from Williams College with a Bachelor’s Degree in Economics.


Brian T. Abrams


Brian is President of Ibex Investors, which he joined in 2011. Previously, he was Managing Partner at Row Capital, advising hedge funds, venture capital firms, family offices, and Fortune 500 companies on their investments in emerging markets such as India. Prior to that, Brian founded and sold G2 Analytics, a corporate intelligence firm with operations in the U.S. and India. He began his career at Bard Capital, a U.S.-based, single-family office focused on private equity and venture capital investments. He also serves on the Board of Directors of the United States Presidential Scholars Foundation, of which he was previously Chairman and President.  Brian received his Bachelor’s Degree from Harvard University.



Adam Eisenberg

Managing Director

Adam has served as a Managing Director of Ibex Investors since April 2016. Prior to joining Ibex, Adam was Chief Investment Officer at BlueM Capital, a single family office, responsible for asset allocation, investment analysis and manager selection.  Prior to joining BlueM Capital, Adam was a partner at a hedge fund. Before that, Adam managed a $300 million global consumer portfolio at Millennium Partners.  Previously, he was a sector analyst at Vardon Capital Management. He started his career in 1998 as an Analyst in the Industrial Group at Salomon Smith Barney.  Adam graduated magna cum laude from University of Maryland with a B.S. in Economics.

Eliot Penn

Managing Director

Eliot has served as Managing Director of Ibex Investors since January 2012. Prior to joining the Firm, he worked at multiple hedge funds from 2005 to 2011. He began his career as Director of Investments at Colorado & Santa Fe Real Estate. Eliot graduated with a B.A. from the University of Pennsylvania and received an M.B.A. from Columbia Business School.

Cooper Stainbrook

Portfolio Manager

Cooper joined Ibex Investors in 2017 to assist with the research and portfolio management of the Behavioral Finance Strategy. Prior to joining Ibex, Cooper was a member of a four person investment team managing over $4 billion at Edgehill Endowment Partners. Cooper graduated with a B.A. in Economics from Yale University in 2015.

Ryan Mahon

Portfolio Manager

Ryan joined Ibex in August 2019 to serve as Portfolio Manager of the Driverless Strategy. Prior to joining Ibex, Ryan worked as Sector Head (Internet) and Associate Portfolio Manager at Millennium Management. Before that, he was an Investment Analyst (Global Technology) at Folger Hill Asset Management. Ryan graduated magna cum laude from Georgetown University, McDonough School of Business, with a BSBA in Finance, Accounting, and Psychology, and is a CFA Charterholder.

Adam Averbach

General Counsel & Chief Compliance Officer

Adam has served as General Counsel and Chief Compliance Officer of the Firm since November 2014. He is a securities attorney with over fifteen years of experience in SEC compliance, governance and transactions. He previously served as Associate General Counsel of Envision Healthcare from February 2014 to November 2014 and as Senior Securities & Governance Counsel at Vail Resorts from June 2011 to February 2014. Prior to going in-house, Adam was a shareholder at the law firm of Berenbaum Weinshienk PC (now Spencer Fane) in Denver, Colorado. Adam graduated with an A.B. from Stanford University in 1995 and a J.D. from the University of Colorado School of Law in 1998.

Laura Huff

Chief Operating Officer

Laura joined Ibex Investors in 2017. Prior to joining Ibex, Laura was Deputy Director at the Museum of Contemporary Art Denver from 2012 to 2017 where she oversaw all operating and finance functions. Before that, she was VP of Finance & Operations at Intrawest for four years and was Controller at East West Partners for six years. She started her career at Arthur Anderson. Laura graduated with a B.S. in Accounting from the University of Colorado.

Ben Hirsch-McShane

In Memoriam, Former Managing Director