MINNEAPOLIS, Jan. 23, 2014 /PRNewswire/ -- Today, Whitebox Advisors, an asset management company based in Minneapolis with over $3 billion in AUM (12/31/2013), announced the addition of Jon Olstein as a managing director for strategic relationships based in the New York/Tri-state area.
Mr. Olstein will be responsible for building strategic relationships and delivering exceptional customer service for Whitebox's clients around the world.
"Jon is a seasoned professional with a tangible track record and a wealth of experience with all kinds of investors, which will be key to moving Whitebox's strategic vision forward," said Whitebox founder and chief executive officer, Andrew Redleaf. "We are very excited to have Jon on board to help us with our continued efforts to grow and develop our strategic relationships with new and existing clients."
Olstein joins Whitebox with decades of experience in a variety of aspects of the financial profession, including marketing, investor relations and trading. In his most recent role, Olstein served as director of business development for Waterstone Capital Management where he was responsible for global sales and investor relations, as well as developing and executing the firm's marketing plans across investor bases. Prior to Waterstone, Olstein served as director in the Hedge Fund Capital Group at Deutsche Bank where he acted as a liaison between multiple global hedge funds and prospective investors, consulted with funds on their marketing and investor relations capabilities, as well as managed a team that covered investors located all over North and South America. Earlier in his career, Olstein held trading positions at Victoire Capital, LLC, as well as PaineWebber.
"It is very exciting for me to join Whitebox at this point in its history," said Olstein. "I am honored to join the team and look forward to helping deliver its message."
Olstein holds an MBA from Seton Hall University and a BA from Dennison University. He lives in Kinnelon, NJ with his wife of 20 years and two teenaged children.
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SOURCE Whitebox Advisors