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

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...