Fink's ISAM forms joint venture with Hite Capital
22/02/2010
A new venture between Stanley Fink’s International Standard Asset Management (ISAM) and Hite Capital Management (HCM), the hedge fund firm founded by systematic trading genius Larry Hite, looks set a yield two new funds in the coming months, including a fund of managed accounts.
The first fund, ISAM Systematic, is scheduled for April and will be run by Hite. Reports suggest it could eventually manage as much as $6bn. This is to be followed with the launch of ISAM Fusion Fund, the managed accounts product.
The strategic partnership sees Fink and Hite united once again following
