Thursday, 28 July 2016
Last updated 8 hours ago
Jun 30 2006 | 8:39pm ET
The quantitative equity and small-cap value investment teams of BKF Capital Group have been lifted out by Bear Stearns Asset Management.
Managing Director Michael Rosen and Analyst Lindsey Houghton will run BSAM's quantitative equity strategy and managing directors Jordan Alexander and Stephen Friscia will manage the small-cap value portfolio. All four will report to Michael Guarasci, senior managing director and head of BSAM's institutional business.
Rosen only recently joined BKF to develop large-cap core and dividend growth quantitative investment strategies. Houghton joined the firm in 2006, according to his bio, which is still on BKF's Website. Alexander and Friscia joined BKF in 2003. Norris Nissim, senior v.p. and general counsel at BKF also left the firm last Friday.
Calls to the firm seeking comment were not returned by press time. Bear Stearns currently manages more than $34 billion in assets, including equity, fixed-income and alternative investment strategies.