Our Firm

Arctic Tern answers complex economic, sustainability, policy, and risk questions for clients around the world that seek to enter or expand their engagement in the High North and Arctic. We add value to organizations from all sectors, utilizing a boutique, agile, and client-focused approach. Our philosophy is that superior products are built on strong relationships.

Arctic Tern’s consultants have extensive contacts in key Arctic networks, having worked for some of the most prominent organizations in the private sector, academia, and civil society that are driving the Arctic agenda. As our client, we promise to deliver rigorous critical analysis, committed and personalized problem solving, and actionable solutions.


Ryan Uljua, Founding Partner, is a Senior Fellow at the Arctic Institute and an analyst at a Boston-based hedge fund. Prior, he was senior intelligence analyst at a private security, intelligence, & risk management firm. Ryan is a member of the International Panel on Arctic Environmental Responsibility. He holds degrees from The Fletcher School of Law and Diplomacy (M.A.L.D.) at Tufts University and The Elliott School of International Affairs (B.A.) at George Washington University. His specializations include:

  • Arctic shipping assessments & forecasts

  • Arctic energy & commodity analysis

  • U.S. Arctic policy and budget analysis


Max McGrath-Horn, Founding Partner, is an NSF Arctic-FROST Fellow focused on sustainable development and geopolitics in the Arctic. He is a member of the Arctic Economic Council working group on Infrastructure and Investment. Max previously worked for a major investment management firm developing an Arctic investment strategy and working with partners to drive a private-sector led Arctic sustainability initiative. He holds an M.A.L.D. from The Fletcher School of Law and Diplomacy at Tufts University, where he studied business for social impact. His specializations include:

  • Social & environmental sustainability

  • Corporate social responsibility

  • Arctic policy & stakeholder analysis