Tue, Feb 9, 2016
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time