Lorenzo Naranjo was a professor of Finance at ESSEC Business School. His research interests focus on theoretical and empirical asset pricing, fixed-income, derivatives and commodity markets. He has published in the Journal of Futures Markets and the International Journal of Finance and Economics. While at NYU he held the Jules I. Bogen Fellowship and the Doctoral Fellowship. In 2009, he was awarded the “Lawrence G. Goldberg Prize for Best Dissertation in Financial Intermediation”. In addition to his academic work, Lorenzo has been a consultant for financial firms in Chile and Australia. He has worked extensively in the fields of investment strategies, fixed income, real options and commodities. He holds a Ph.D., in Finance, New York University.