Zak Maymin, Ph.D. Joins Gerstein Fisher Investment Strategy Group

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.