Difference between revisions of "Stanley Fink"

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'''Stanley Fink, Baron Fink''' (born 15 September 1957) is a British hedge fund manager, the former CEO and deputy chairman of the [[Man Group]].<ref>[http://www.ft.com/cms/s/0/4537f52e-7ecf-11dd-b1af-000077b07658.html / UK - Preservation 'a cheap option']. Ft.com (2008-09-10). Retrieved on 2010-11-19.</ref> He is one of the most respected names in the City, dubbed the ‘Godfather of hedge funds’ by the media.
 
'''Stanley Fink, Baron Fink''' (born 15 September 1957) is a British hedge fund manager, the former CEO and deputy chairman of the [[Man Group]].<ref>[http://www.ft.com/cms/s/0/4537f52e-7ecf-11dd-b1af-000077b07658.html / UK - Preservation 'a cheap option']. Ft.com (2008-09-10). Retrieved on 2010-11-19.</ref> He is one of the most respected names in the City, dubbed the ‘Godfather of hedge funds’ by the media.
  
 
In January 2009 he was appointed co-treasurer of the [[Conservative Party (UK)|Conservative Party]].<ref>[http://www.telegraph.co.uk/news/newstopics/politics/conservative/4271961/New-Tory-Treasurer-Stanley-Fink-plans-to-blow-Labour-out-of-water.html New Tory Treasurer Stanley Fink plans to blow Labour out of water], ''The Daily Telegraph'', 16 January 2009</ref> That same year he donated the party £1.65million to start an election fighting war chest.<ref> Kiran Stacey, [http://blogs.ft.com/westminster/2011/12/the-explosion-of-hedge-fund-donations-to-the-tories/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ft%2Fwestminster+%28Westminster+Blog%29#axzz1gKhLiKyN The explosion of hedge fund donations to the Tories], FT Westminster blog, 8 December 2011, acc 12 Dec 2011 </ref> He stepped down from this role in February 2012 to focus on his business interests and philanthropic work. He was replaced by [[Michael Farmer]].<ref> [http://www.conservatives.com/News/News_stories/2012/02/Michael_Farmer_appointed_as_new_CoTreasurer.aspx Michael Farmer appointed as new Co-Treasurer], Conservative Party News, February 6 2012, acc 13 March 2012 </ref> However, Fink was asked to step back into the role the following month amid a scandal caused by a 'cash for access' newspaper sting on co-treasurer [[Peter Cruddas]], who resigned on 25 March 2012.
 
In January 2009 he was appointed co-treasurer of the [[Conservative Party (UK)|Conservative Party]].<ref>[http://www.telegraph.co.uk/news/newstopics/politics/conservative/4271961/New-Tory-Treasurer-Stanley-Fink-plans-to-blow-Labour-out-of-water.html New Tory Treasurer Stanley Fink plans to blow Labour out of water], ''The Daily Telegraph'', 16 January 2009</ref> That same year he donated the party £1.65million to start an election fighting war chest.<ref> Kiran Stacey, [http://blogs.ft.com/westminster/2011/12/the-explosion-of-hedge-fund-donations-to-the-tories/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ft%2Fwestminster+%28Westminster+Blog%29#axzz1gKhLiKyN The explosion of hedge fund donations to the Tories], FT Westminster blog, 8 December 2011, acc 12 Dec 2011 </ref> He stepped down from this role in February 2012 to focus on his business interests and philanthropic work. He was replaced by [[Michael Farmer]].<ref> [http://www.conservatives.com/News/News_stories/2012/02/Michael_Farmer_appointed_as_new_CoTreasurer.aspx Michael Farmer appointed as new Co-Treasurer], Conservative Party News, February 6 2012, acc 13 March 2012 </ref> However, Fink was asked to step back into the role the following month amid a scandal caused by a 'cash for access' newspaper sting on co-treasurer [[Peter Cruddas]], who resigned on 25 March 2012.
  
He is [[Conservative]] peer of the House of Lords, having joined on the 18 January 2011.
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He is a [[Conservative]] peer of the House of Lords, having joined on the 18 January 2011.
  
 
==Career==
 
==Career==
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[[Category:Financial sector lobbying|Fink, Stanley]] [[Category: Conservative Party|Fink, Stanley]] [[Category: Israel Lobby|Fink, Stanley]] [[Category:House of Lords|Fink, Stanley]]
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[[Category:Financial sector lobbying|Fink, Stanley]] [[Category: Conservative Party|Fink, Stanley]] [[Category: Israel Lobby|Fink, Stanley]] [[Category:House of Lords|Fink, Stanley]][[Category:Revolving Door|Fink, Stanley]]

Revision as of 11:47, 19 December 2014

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Stanley Fink, Baron Fink (born 15 September 1957) is a British hedge fund manager, the former CEO and deputy chairman of the Man Group.[1] He is one of the most respected names in the City, dubbed the ‘Godfather of hedge funds’ by the media.

In January 2009 he was appointed co-treasurer of the Conservative Party.[2] That same year he donated the party £1.65million to start an election fighting war chest.[3] He stepped down from this role in February 2012 to focus on his business interests and philanthropic work. He was replaced by Michael Farmer.[4] However, Fink was asked to step back into the role the following month amid a scandal caused by a 'cash for access' newspaper sting on co-treasurer Peter Cruddas, who resigned on 25 March 2012.

He is a Conservative peer of the House of Lords, having joined on the 18 January 2011.

Career

In a 21 year career with Man Group, Fink oversaw the transformation of the business from a medium sized private company largely focused on agricultural commodity trading to a world leader in alternative asset management. He stepped down as Chief Executive Officer of Man Group in March 2007 but remained on the Board as Deputy Chairman. He retired from the Board at Man Group’s AGM in July 2008.

In September 2008 he came out of retirement to act as Chief Executive of International Standard Asset Management (ISAM), an absolute return investment company incorporating specialist Macro and Gold funds.

Edelman’s London Office handled the appointment of Fink for ISAM.[5]

In September 2009 he became chairman of the hedge fund-backed Academy sponsor Absolute Return for Kids.[6]

Pro-Israel donations

According to The Jewish Chronicle, Lord Fink was a 'loyal donor' to Just Journalism, a pro-Israel media flak group linked to the Henry Jackson Society which closed in 2011.[7]

Directorships

  • Gencore Limited (real estate investment holding company)
  • ISAM (UK) Limited (asset manager)
  • Chairman and Director, Zenith Hygiene Group plc (hygiene products and non-food consumables to businesses mainly in the food or residential care sectors)

[8]

Affiliations

References

  1. / UK - Preservation 'a cheap option'. Ft.com (2008-09-10). Retrieved on 2010-11-19.
  2. New Tory Treasurer Stanley Fink plans to blow Labour out of water, The Daily Telegraph, 16 January 2009
  3. Kiran Stacey, The explosion of hedge fund donations to the Tories, FT Westminster blog, 8 December 2011, acc 12 Dec 2011
  4. Michael Farmer appointed as new Co-Treasurer, Conservative Party News, February 6 2012, acc 13 March 2012
  5. Edelman press release, 25 Sept 2008
  6. 'Educashun News', Private Eye, No. 1245 (18 Sep-1 Oct 2009), p. 15
  7. Simon Rocker, ‘Just Journalism forced to close’, Jewish Chronicle, 22 September 2011, accessed 3 August 2014
  8. Lords Register of Interests Stanley Fink, www.parliament.co.uk, acc 13 March 2012