Diker Management Announces Edmund Hajim Joins as President

Jun 09, 2010, 10:05 ET from Diker Management LLC

NEW YORK, June 9 /PRNewswire/ -- Diker Management LLC is pleased to announce that Edmund A. Hajim has joined the firm as President.  Mark N. Diker will remain as CEO and Chief Investment Officer, and Charles M. Diker will be Chairman.  All three will comprise the Investment Committee of the firm.

Ed Hajim stated, "I am pleased to have joined Diker Management because of the quality of their people and their dedication to in-depth research on small and micro cap equities.  I believe that because of their research focus on relatively under-followed companies we can increase our chances of producing superior results in the not-so-simple times that lie ahead."

Mr. Hajim is a seasoned Wall Street executive with over forty years of investment experience.  Prior to joining Diker Management, Mr. Hajim managed his own investment funds through MLH Capital, LLC and served as a Director of Morgan Joseph, a full service investment banking firm.

From 1983 to 2002 Mr. Hajim was at Furman Selz, an employee owned investment bank where he served as Chairman and CEO. In this role he sold the firm twice, first to Xerox Corporation in 1987 and then to ING Group in 1997. At the ING Group Mr. Hajim was Chairman and CEO of ING Aeltus Group, an institutional investment management firm which at the time managed in excess of $50 billion of traditional and alternative products for institutional and high-net-worth investors. Prior to 1983 Mr. Hajim held senior positions with the Capital Group, E.F. Hutton and Lehman Brothers.

Mark Diker commented, "Ed brings a wealth of experience having managed financial institutions with great success.  With Ed's involvement, we have already upgraded our investment process and risk management framework, which we feel will contribute positively to investment returns over the long term.  We are excited to have Ed join the firm in a leadership role."

Mr. Hajim is currently Chairman of the Board of Trustees at the University of Rochester.  Mr. Hajim has also served as Chairman of the Board of Trustees of the Brunswick School, a Trustee and Chairman of the Investment Committee at Greenwich Hospital, a Trustee of the American Craft Museum and a Member of the Investment Committee at the Brookings Institution.  He is a Founder and Member of the Board of Directors of the Nantucket Golf Club.  He has also served as the President of the Harvard Business School Alumni Association.

Mr. Hajim received a B.S.(ChE) from the University of Rochester and an M.B.A. with distinction from Harvard Business School.

Diker Management LLC is a small and micro cap investment manager founded in 2002.  The firm seeks to find attractive long term investments through intensive primary research of small companies in growing and emerging technologies.

SOURCE Diker Management LLC