John W. Henry & Company, Inc. Names Larry Simms Managing Director - Business Development

Jan 29, 2010, 07:00 ET from John W. Henry & Company, Inc.

BOCA RATON, Fla., Jan. 29 /PRNewswire/ -- John W. Henry & Company, Inc. (JWH®), an alternative asset manager specializing in managed futures, based in Boca Raton, Florida, has named Larry Simms as Managing Director – Business Development. Effective January 15, 2010, Mr. Simms is responsible for the strategic planning and implementation of all sales and marketing efforts for JWH and its affiliated entities. Mr. Simms will be working closely with senior management and the firm's Board of Directors chaired by Mr. Henry.

Kenneth S. Webster, President and Chief Operating Officer of JWH, noted, "Larry joins JWH  with over 25 years of sales experience. Since graduating from Fordham University with a BS in Marketing, and acquiring an MBA from New York University, Larry has spent the last 20+ years focused on investment management sales mainly covering Institutional Clients for firms including Citigroup, Bankers Trust, UBS and Wells Fargo. For the past three years he has been focused on the alternative asset space representing a variety of products including managed futures."

The timing of this addition coincides with the anticipated release of a series of new JWH products that will be targeted to the specific needs of the Institutional Investor marketplace.

JWH currently manages approximately $270 million on behalf of proprietary, retail and institutional clients. It manages accounts for major Wall Street firms as well as select institutions and high net worth individuals. JWH's investment programs utilize futures and forward markets to provide investors an exceptional opportunity to obtain potential investment advantages including excellent long-term returns, portfolio diversification and overall portfolio risk reduction based upon returns that have historically not been correlated with the traditional equity and bond markets and many other alternative investment offerings.

SOURCE John W. Henry & Company, Inc.