Launches & Closures

Fink’s ISAM launches first fund post Hite tie-up


International Standard Asset Management, the hedge fund group led by former Man Group chief executive Stanley Fink, is launching its first new fund following the recent announcement of a strategic alliance with Hite Capital Management, the US-based group led by veteran CTA specialist Larry Hite.

The new ISAM Systematic Fund will launch on 3 May, with the offer period opening for subscriptions from 19 April. In addition to the directors of ISAM investing significant sums in the fund, the fund has attracted a major investment of $100 million from a large institutional investor at launch – which is locked