Strategic Return Fund

The only professionally managed, data-driven fund focused on theatrical finance.



We believe drama is best left to the theater, which is why we uphold a straightforward and transparent approach to investing in what is typically seen as an unpredictable, if not volatile, industry.

Our approach is founded in both quantitative analysis and deep industry expertise, enabling us to strike the necessary balance between the financial and creative worlds.  As a result, we deliver tangible value to our investors, the productions we support, and the greater performing arts community.



Moulin Rouge
Pretty Woman: The Musical
The Jungle
West End Production
Little Shop of Horrors
The Inheritance
Dear Evan Hansen
Tony Award for Best Musical
Tina: The Musical
West End Production
Once On This Island
Tony Award for Best Revival of a Musical
Kinky Boots
Australian Tour
The Goat, or Who Is Sylvia?
West End Production
The Cher Show


Our  senior  management team is comprised of multidisciplinary executives spanning the  entertainment,  finance  and  business  industries. Over the past several years, they have worked tirelessly to grow the Fund into the successful venture it is today.


  • 15 Tony Awards
  • 7 Drama Desk Awards
  • Lead Producer in 24 Productions on Broadway and beyond
  • Producer in over 45 Broadway and West End Productions
  • Investor in more than 200 Broadway Productions


  • Experienced Private Equity Investors
  • 15 Years as Commodity Trading Advisor and Commodity Pool Operator
  • CTA Star Search Competition Winner

Business & Operations

  • 7+ Years Consulting Fortune 500 Companies
  • 13 Special Operations Deployments

Hunter Arnold

General Partner
Hunter is a Tony award winning Broadway producer with a strong background in senior executive leadership at mid-cap companies. He is a frequent lecturer and guest professor on global business trends, emerging markets, alternative investments and entertainment business. His Broadway credits include Hadestown, Pretty Woman: The Musical, Anastasia, Dear Evan Hansen (Tony Award), Kinky Boots (Tony Award and Olivier Award), Gettin’ the Band Back Together, Head Over Heels, Once On This Island (Tony Award), M Butterfly, Disaster!, Allegiance, Deaf West Theatre’s Spring Awakening (Tony Nomination), The Visit (Tony Nomination), It’s Only a Play, Mothers and Sons (Tony Nomination), The Bridges of Madison County, Macbeth, Godspell, and Chinglish.  London credits include: The Inheritance, The Jungle, Hadestown, Tina: The Musical, Edward Albee’s The Goat.  In addition to his producing projects, Hunter is the founder and CEO of ARTech Holdings, LLC an incubator and holding company focused on generating technologies to support the live arts community.  Hunter earned his bachelor’s degree in Entrepreneurial Business from DePaul University and his Master’s in Business Administration from TRIUM, a joint program representing NYU Stern School of Business, H.E.C. Paris and the London School of Economics.

John Joseph

General Partner
A career mathematician, software developer and entrepreneur with over 15 years of trading experience, John has applied his unique expertise across a diverse set of industries, ranging from digital advertising and technology startups to futures trading and Broadway productions. As a Commodity Trading Advisor and Commodity Pool Operator, John offered AI-based intraday managed futures accounts to institutions, family offices, and individuals for over 10 years. Utilizing proprietary trading algorithms and technology, John built a dynamic and self-adaptive trading portfolio that won the RQSI/Access CTA Star Search Competition.  He has held FINRA Series 3 and 65 licenses. He previously founded Independent Trader, Inc., a software company that provides a turnkey high-speed automated trading platform for futures traders, and Validated Media, a market maker for digital mobile, video, and display advertising. John's manuscript, A Nontrivial Extension of the 3x+1 Problem to Z2[i], was published in The Fibonacci Quarterly, a peer-reviewed journal of mathematics focused on number theory.

Curt Cronin

General Partner
During his 19 years as a U.S. Navy SEAL, Curt deployed 13 times leading the nation’s premier assault force in global high-risk combat operations, earning two Bronze Star medals for combat valor. His ability to build high-performance teams and forge unlikely alliances revolutionized the application of elite special operations units to defeat sophisticated international threat networks. After retiring from the military, Curt parlayed his operational experience to the business world as Managing Partner at the McChrystal Group before founding Ridgeline Partners and the Broadway Strategic Return Fund. As CEO of Ridgeline, he capitalizes on military, academic and business world experiences to advise numerous organizations, ranging from Fortune 500 companies to niche startups on how to catalyze an exponential culture of execution and innovation. As General Partner at the Fund, he collaborates with fellow partners to produce and invest in a robust portfolio of productions in effort to provide a meaningful avenue for others to invest in the arts community. Curt earned his Bachelor of Science from the United States Naval Academy and his Master of Business Administration through combined programs at the London School of Economics, New York University’s Stern School of Business and H.E.C. School of Management in Paris.

Ophelia Chua

Vice President
Ophelia is proud to sit at the intersection of theatre and finance, driving innovation in the live theatre industry to serve creatives and investors alike.  In arts and entertainment, Ophelia was most recently a Producer at TSG Entertainment, a private Hollywood producer and financier, developing and managing live theatrical and experiential entertainment based on TSG’s film slate. Before TSG, she created the role of Director of Strategic Initiatives at American Ballet Theatre.  In finance, Ophelia has worked across Goldman Sachs’s Hong Kong and New York offices in private equity investment management. She also served as a producer and production manager for the inaugural GSAM Symposium, a consecutive 32-hour global conference across 5 cities, broadcast live.  Passionate about elevating underrepresented voices, Ophelia currently serves on the Board of Musical Theatre Factory. She is an avid supporter of all aspects of theatre-making, with a particular soft spot for lighting design.  Originally from Singapore, Ophelia earned her Bachelor of Engineering from Duke University, with Majors in Biomedical Engineering and Economics, and a Minor in Theatre, and her MBA from Harvard Business School.

Kayla Greenspan

As a theatrical producer specializing in commercial Broadway, Kayla's Broadway credits include: Anastasia, Gettin’ the Band Back Together, Once On This Island and Deaf West Theatre’s Spring Awakening. Off-Broadway, she produced Daddy Long Legs.  Kayla previously served as the Director of Operations and Marketing at ARTech Holdings, an incubator and holding company focused on generating technologies to support the live arts community.  In addition, she was previously the Managing Director of the Davenport Theatre and Ken Davenport’s Producing Associate.  Since 2016, Kayla has been a judge for the annual SHENYC festival dedicated to supporting the creation of new works by female writers and composers.  She has produced benefit concerts for GLAAD (Broadway Gets GLAAD) and The Trevor Project (Say My Name).  Kayla earned her bachelor’s degree from NYU in Secondary Education with a concentration in English (Steinhardt School of Culture, Education, and Human Development) and in The Business of Entertainment, Media and Technology in a joint program through NYU’s Stern School of Business and NYU’s Tisch School of the Arts.

Ryland Dorshow

Senior Associate
Prior to joining Broadway Strategic Return Fund, Ryland spent over 3 years on the Valuation and Modeling team at Grant Thornton, leveraging financial modeling and analysis to assist clients of all sizes in understanding their true value and the value of their underlying assets and investments. Ryland has valuation experience across a variety of industries including entertainment, healthcare, tech, construction, real estate, hospitality, and consumer goods. With a lifelong passion for the performing arts, he is proud to be part of the only professionally managed fund focused on this niche industry. Ryland earned his Bachelor of Science in Business from the University of Minnesota with a Major in Finance (Curtis L. Carlson School of Management).

Elizabeth Wu

Elizabeth is responsible for executing on the operational aspects of the fund, supporting the Vice President, and assisting the senior team with overall management. Prior to joining Broadway Strategic Return Fund she assisted the Aksia LLC portfolio advisory team in delivering alternative investment solutions to institutional investors. She has additional experience assisting the East Rock Capital operation’s team in serving the firm’s family clientele. Elizabeth also brings with her an extensive arts administration background, with a strong eye for diversified storytelling. She has participated in Seattle Repertory Theatre’s Professional Arts Training Program and the Intiman Emerging Artist Program, with further production credits at Pittsburgh Public Theatre, A Contemporary Theatre, The 5th Avenue Theatre, and ArtsWest Playhouse. Elizabeth graduated from the University of Washington with a B.A. in English and Drama.