Jay Rosoff joined registered broker-dealer Point Capital Markets as managing director of distribution for the Thesis Flexible Fund.
Formerly Rosoff was national sales manager for the independent,
bank and regional division at Allianz Global Investors. He left this post in 2010 after a re-organzation eliminated his position [see MFWire.com story].
Company Press Release
NEW YORK, May 17, 2012 (GLOBE NEWSWIRE) -- Thesis Fund Management, LLC,
a New York based registered investment advisor and manager of the
Thesis Flexible Fund (TFLEX), announced today that Jay Rosoff has
joined registered broker dealer Point Capital Markets, LLC as Managing
Director of Distribution for the Thesis Flexible Fund. Mr. Rosoff will
coordinate distribution of the Thesis Flexible Fund, managed by Thesis
Fund Management, LLC and former hedge fund manager Stephen Roseman. The
Thesis Flexible Fund employs a long/short multi-asset class strategy
that seeks to provide advisors with a product that employs
diversification and a lower correlation to the equity markets to help
create a risk adjusted portfolio for clients.
"The addition of Jay to the Thesis distribution team is further
evidence of the growing importance of alternative style mutual funds
for advisors and their clients," said Stephen Roseman, portfolio
manager and CEO of Thesis Fund Management. "Jay's proven track record
and success will help us continue to build momentum for this product
within the investment community."
Mr. Rosoff spent over ten years with Allianz Global Investors. While at
Allianz he served as the national sales manager for the Independent,
Bank and Regional division from 2006 to 2010. Prior to that, he was a
Senior Vice President and Divisional Sales Manager in the Northeast
region. Previously, he spent 10 years at Eaton Vance as a Senior Vice
President. Mr. Rosoff began his career as a retail financial advisor in
the Boston area. He graduated from Northeastern University.
"Financial advisors are beginning to understand the importance of
allocating assets to an alternative strategy," said Mr. Rosoff. "The
Flexible Fund offers investors and financial advisors access to the
same type of sophisticated investment strategies that hedge funds use,
in a regulated, no load mutual fund format without the lock-up, lack of
transparency and fee structures commonly associated with traditional
hedge fund investing. We are looking forward to introducing this
valuable product to more and more advisors and their clients."
About The Thesis Flexible Fund
The Thesis Flexible Fund is managed by Thesis Fund Management, LLC, a
New York-based registered investment advisor, which was established
specifically to bring alternative strategies to mutual funds and the
investing public. Utilizing a bottom-up security analysis to identify
opportunities around the globe, Thesis Fund Management seeks to
capitalize on those opportunities by employing a wide variety of
investment techniques. The firm's nimble investment decision-making and
implementation process ensures it can act quickly and decisively when
carrying out its investment objectives. Investors can learn more about
The Flexible Fund by visiting www.TheFlexibleFund.com.
Please consider the fund's investment objectives, risks, charges and
expenses before investing. The prospectus, that contains this and other
information about the Fund is available by calling 1-877-7-THESIS or by
visiting TheFlexibleFund.com and should be read carefully prior to
Foreign investments present additional risks due to currency
fluctuations, economic and political factors, lower liquidity and other
factors. There are also risks associated with small and
mid-capitalization issues such as market illiquidity and greater market
volatility than larger capitalization issues. Short sales are
speculative transactions and involve special risks, including that the
fund's losses are potentially unlimited. The Fund may, at times,
experience higher-than-average portfolio turnover which may generate
significant taxable capital gains and increased trading expenses which
in turn may lower the Fund's return. Diversification does not increase
returns or prevent loss.
The Thesis Flexible Fund is distributed by Grand Distribution Services,