Sat, Jul 4, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Stanley Fink’s ISAM forms alliance with Hite Capital, plans launch of systematic fund and fund of managed accounts

Monday, February 22, 2010
Opalesque Industry Update - International Standard Asset Management (ISAM) today announces that it has formed a Strategic Alliance with Hite Capital Management (HCM).

As part of this alliance, Larry Hite, Alex Greyserman, and Gilbert Lee will join ISAM as shareholders and directors.

This development marks an important step in the evolution of ISAM’s plan to build out a multi-strategy platform of liquid hedge fund strategies and provides a springboard for the launch of ISAM Systematic in April of this year. This will be followed by the launch of ISAM Fusion Fund, a fund of managed accounts.

ISAM Chief Executive Officer, Stanley Fink said: “Good business is about good product, good distribution and good infrastructure. ISAM has already developed a rigorous risk management and operational system and this alliance marks the next phase of our strategy to diversify our product offering”.

“We are delighted to be teaming up with Larry, Alex and Gilbert whose systems have consistently performed very well and delivered a very impressive track record over the last nine years of trading their own capital.”

Larry Hite, known as one of the forefathers of the systematic trading model, was founder of HCM and former co-founder of the commodity trading advisor Mint Investment Management. Larry commented: “I am pleased to be able to bring my experience to ISAM’s already successful strategy.”

“I have a very high regard for the ISAM team and for Stanley, whom I have known for twenty years, and I am excited to work with him again. I am confident that the combined skills of the enhanced management team will help us to grow the business in a measured and sustainable manner.”

Fink adds: “I have enormous respect for the Hite group and for Larry, especially in terms of his credentials as an investment manager and as an individual. Our alliance is a sign of ISAM’s commitment to invest in the right people and R&D to maintain a competitive advantage.” Corporate website: www.isamfunds.com

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner