Sunday, 24 July 2016
Last updated 1 day ago
Mar 11 2008 | 2:00am ET
Worcester, Mass.-based hedge fund Cutler Capital Management has lured a former client out of retirement to serves as its director of business development. Allan Kline, former CFO for Skyworks Solutions, will use the corporate contacts he made during his career to help him attract investors to the firm’s hedge funds.
Cutler’s hedge funds follow a growth and income strategy, investing in convertible securities, real estate investment trusts and dividend-paying stocks. Kline is no stranger to convertible securities, having used them to raise capital successfully while at Skyworks.
“The key to success is to believe in what you're selling,” Kline said. “As a long-time client, I believe in Cutler Capital and its investment style, so I welcomed the opportunity to join the company.”
Cutler, which has total assets exceeding $245 million, currently manages two hedge funds, the Cutler Investment Fund, and the Cutler Income and Growth Fund I, as well as individual portfolios.