William F. Harnisch, CFA
President & CEO

Bill is the Chief Investment Strategist at Peconic Partners, managing all aspects of the firm's investment process.  Bill began his career at Chase Manhattan Bank in 1968 (later known as Chase Investors Management), where he was Vice-President responsible for Special Equity Investments.  He joined Forstmann-Leff Associates (FLA) in 1978 when the business managed $300 million.  He began managing FLA in 1984 and became majority shareholder in 1989.  With a strong history in absolute return, FLA entered the hedge fund business in 1990, eventually growing assets to more than $5 billion.  The long-only business was sold in 1997, and Bill left that business at the end of 2004 to concentrate on the hedged product now known as Peconic Partners, which was founded in 2000.

Bill has a BBA from Baruch College of the City University of New York and completed his graduate courses for an MBA at New York University .  He was awarded a Chartered Financial Analyst designation in 1977.  Bill is a member of the New York Society of Security Analysts, the CFA Institute, the National Association of Investment Analysts, the New York Academy of Sciences, the World Presidents Organization, and the Chief Executive Organization.  His opinions on markets and stock selection have appeared in the Wall Street Journal, The New York Times, Business Week, and Bloomberg News, among many other international publications.

Bill is active philanthropically in many charities in Long Island, Nashville , and New York City .  He manages the William F. Harnisch Foundation and is a member of the Baruch College Fund board.



Richard H. Adelaar, CFA
Executive Vice President

Dick is the Executive Vice President and a senior member of our investment management team. Dick joined Peconic Partners’ predecessor firm in 1981 as a Portfolio Manager and Research Analyst. Dick was an Executive Vice President and member of the Investment Policy Committee of Forstmann-Leff Associates, LLC from 1997 until 2001. He is returning to Peconic Partners after having left in 2001. From 1978 to 1981, he was a Vice President at Chase Investors Management Corporation, New York , where he managed special equity investments.  From 1963 to 1978, as a Security Analyst at Chase Investors, Dick specialized in the energy, communication, and utility sectors.

Dick earned an MBA from New York University Graduate School as well as a B.A. from New York University . He is a member of the New York Society of Security Analysts, the CFA Institute, the National Association of Petroleum Investment Analysts, the American Gas Association, and the Communication Technology Analysts Association.



Wook Lee
Chief Operating Officer

Wook joined Peconic Partners in December of 2004. Prior to his appointment as Chief Operating Officer, Wook functioned as Chief Technology Officer responsible for designing, building and implementing all aspects of Peconic’s technology infrastructure including all accounting, trading and clearing platforms and overseeing the daily operations of the IT department. From 2000 to 2004 Wook served as Vice President and Senior Engineer for ForstmannLeff Associates, heading up trading and clearing technologies.

His career began as a systems analyst for A.V.C.P. in 1996. He joined Microserve, Inc. in 1999 as a Senior Consultant where he specialized in trading and clearing solutions for investment firms of all sizes as well as evidential gathering and reporting of new security threats and vulnerabilities.

Wook has his MCSE, CNA and majored in Computer Science at University of Massachusetts Boston. He is a member of the Chief Information Officer Executive Council, Chief Security Officer Association and Institute of Electrical and Electronics Engineers.