NEW YORK, Jan. 16, 2013 /PRNewswire/ -- Independent investment management firm Gerstein Fisher announced that Zak Maymin, Ph.D. has joined the firm as a full-time employee and member of the firm's Investment Strategy Group.
Dr. Maymin's new role is unique in that it will straddle Gerstein Fisher's internal research effort and that of the Gerstein Fisher Research Center, which was established in 2009 as a collaboration between the firm and a select group of leading academics in the areas of finance, risk engineering and economics. The Center's mission is to investigate critical issues in finance and risk faced by individual investors through pioneering research that bridges the gap between academic theory and real-world financial practice.
Dr. Maymin will help direct and manage research initiatives for the Gerstein Fisher Research Center, with a particular focus on those that will be directly applied to Gerstein Fisher's own investment strategies. He will also play a key role in selecting students to participate in Gerstein Fisher's Research Scholars Program, which provides grants to the top echelon of undergraduate and graduate-level students at select universities to work on investment research projects in conjunction with Gerstein Fisher.
Dr. Maymin's background spans more than 40 years and includes both academic and practitioner experience. He launched and ran equity derivatives and statistical arbitrage trading desks at the multi-billion-dollar hedge fund Ellington Management Group and co-founded his own relative value hedge fund, Maymin Capital Management, as well as serving as Director of New Product Development at Sakura Global Capital and a Senior Research Associate at Susquehanna Investment Group. A former professor of mathematics and statistics at Northeastern University and an adjunct professor of finance and risk engineering ar NYU-Poly, Dr. Maymin holds a Ph.D. in mathematics from MIT.
"I look forward to helping to advance Gerstein Fisher's research agenda. There are some exciting projects with significant potential, and I'm confident that the work we are doing will have direct applicability for the firm's clients and for investors more generally," said Dr. Maymin. Gregg S. Fisher, Chief Investment Officer of Gerstein Fisher and Founder of the Gerstein Fisher Research Center added, "I have collaborated with Zak on research in the past and am thrilled to formalize this partnership. Zak's background and experience as both an academic and an investment practitioner makes him a perfect fit for this role, and we anticipate that he will lend tremendous insight to our research efforts, to the ultimate benefit of our clients and future clients."
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Gerstein Fisher is an independent investment advisory firm based in New York City. Founded in 1993 by President & Chief Investment Officer Gregg S. Fisher, the firm manages and/or consults on behalf of individuals, families and institutions using a disciplined, quantitative, research-based investment approach that is grounded in economic theory and common sense. For more information, please visit www.gersteinfisher.com.
Gerstein Fisher is an SEC registered investment adviser. This notice is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any investment. Securities offered through GFA Securities, LLC. Member: FINRA, SIPC
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