NEW YORK, Dec. 13, 2013 /PRNewswire/ -- ETF Issuer Solutions Inc. ("ETFis"), a comprehensive fund services company with a focus on exchange traded funds, announces its partnership with Recon Capital Advisors, LLC ("Recon") in supporting Recon's entrance into the ETF marketplace. ETFis and its subsidiaries will serve as fund administrator and distributor to Recon's ETFs.
"We are proud to partner with Recon Capital, an emerging ETF sponsor with an innovative product suite," said William Smalley, President of ETFis. "Recon is a great example of the type of asset managers with which ETFis strives to work – a hedge fund seeking to introduce institutional-quality investments to investors of all sizes via ETFs."
Garrett Paolella, CEO of Recon Capital, said: "We are excited to be launching our first public funds with ETFis, ones that focus on our firm's core principles – diversification, liquidity, and downside risk management."
For more information, please contact Brinton Frith, Head of Business Development at ETFis, at 1-888-383-4184.
About ETF Issuer Solutions
ETF Issuer Solutions ("ETFis") is a New York-based financial technology firm on a mission to change the way ETFs are launched, operated, and distributed. ETFis has developed the first comprehensive ETF services platform, designed specifically to support exchange traded funds, conceived by seasoned ETF product managers.
About Recon Capital
Recon Capital Advisors, LLC is a registered investment adviser headquartered in New York. Recon strives to distinguish itself from other investment managers by enhancing portfolio diversification and returns while limiting correlation to the equity and fixed income markets. Recon Capital Partners specializes in executing innovative strategies that focus on consistent returns, low volatility, and capital preservation.
SOURCE ETF Issuer Solutions Inc.