Cantor Adds Hedge Fund of Funds To Product Mix

Jun 27 2007 | 2:58pm ET

Cantor Fitzgerald has formed GoldRock Asset Management, which will begin trading operations early in July and will initially manage several global fund-of-hedge-funds portfolios.

The new entity was formed from the integration of fund of funds shop Zenith Asset Management into Cantor Fitzgerald. GoldRock will be led by Mark Ostroff, president, who will report to Irvin Goldman, CEO of Cantor Fitzgerald Asset Management.

Ostroff has held senior positions at Goldman Sachs, Morgan Stanley, and Weiss, Peck & Greer. He also co-founded Graystone Partners, the hedge fund advisory firm, WealthPlace, the alternative asset management firm, and Zenith Asset Management.

“We’re excited that a professional with Mark’s background, knowledge and commitment to excellence has joined Cantor to lead this effort,” said Goldman. “We expect the initial GoldRock fund-of-funds portfolios to be the first of many product offerings.”

Cantor Fitzgerald’s current product line includes institutional equity and fixed income sales and trading, investment banking, private equity, asset management and other businesses and ventures.


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Strippers Accused Of Robbing Hedge-Fund Manager Face Jail

Oct 20 2014 | 9:20am ET

A group of alleged stripper-thieves—whose victims include a hedge-fund manager...

Guest Contributor

PAAMCO: European Equity Exposure - Challenging Year, But All is Not Lost

Oct 16 2014 | 4:12am ET

European equity hedge fund managers have had a tough time so far this year. The...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.