Sat, Jan 20, 2018
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. U.S. economy, inflation and alternative investments to dominate 2018 markets, says family office Wilmington Trust[more]

    Komfie Manalo, Opalesque Asia: The emergence of a late-cycle economy in the U.S., the mystery of inflation and growth from a domestic and global perspective, and the potential for alternative investments to prosper against a backdrop of rich valuations, low yields, and higher volatility are the t

  2. Performance - Some hedge funds deliver double-digit gains for 2017, Brevan Howard's hedge fund suffers biggest annual loss in 2017, Crispin Odey's flagship hedge fund plummeted about 20% in 2017, Profits fall 90% at ex-Morgan Stanley banker's hedge fund, Fannie-Freddie overhaul might mint hedge fund riches, losses[more]

    Some hedge funds deliver double-digit gains for 2017 From Reuters/Investing.com: A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Act

  3. Investing - Hedge funds start 2018 with record $19 billion bet on the euro, Hedge fund Kora Management invests in Satin Creditcare[more]

    Hedge funds start 2018 with record $19 billion bet on the euro From Reuters.com: Hedge funds have kicked off 2018 with their biggest bet ever on the euro rising, a clear vote of confidence in the single currency but, with positioning so stretched, one which could backfire in the near ter

  4. News Briefs - Mobius to retire from Franklin Templeton, Authorities decrypt smart phone of Princeton grad charged with killing Manhattan hedge fund dad, Investigators seize (more) antiques from hedge-fund billionaire Michael Steinhardt's collection[more]

    Mobius to retire from Franklin Templeton Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January. He will also be relinquishing his post as portfolio manager

  5. Comment - Seeding arrangements: Structure, approach, and the current market[more]

    From international law firm K&L Gates: Private fund growth has exploded over the last several years. While some areas are hotter than others, overall the industry has seen substantial growth. Existing managers have been able to launch larger funds and new managers have been able to successfully ente