June 6, 2017
Horton Point hires Laurence Smith, former Global Chief Investment Officer of Credit Suisse Asset Management and chairman of Third Wave Global, as CIO and head of Investment Committee.
New York, NY – Horton Point LLC announced today that Laurence Smith, a veteran of the institutional asset management industry, has joined the firm as the Chief Investment Officer. He will also chair Horton Point’s Investment Committee. In this role, Smith will be responsible for creating customized multi-asset products and advise key clients on global asset allocation, investment strategy, and manager selection.
Mr. Smith served as Global Chief Investment Officer and CEO of Credit Suisse Asset Management from 1999-2003, responsible for all investment activities worldwide, including traditional and alternative products. CSAM grew to $300 billion during this period, making it the 15th largest asset manager in the world.
Prior to CSAM, Mr. Smith spent 18 years in senior management roles at J.P. Morgan, most recently as Global Head of Asset Allocation at J.P. Morgan Investment Management. There he was responsible for creating and executing the investment processes that drove the firm’s macro decisions, as well as building a US-based multi-product asset allocation business.
He currently oversees all investment activities of Third Wave Global, a family office-based global macro asset management firm. Mr. Smith will continue to run the portfolio of Third Wave Global which may become available to qualified investors through Horton Point’s platform.
“We are excited and honored to have a professional of Larry’s stature to join our team,” said Dimitri Sogoloff, CEO of Horton Point. “He brings a wealth of knowledge and institutional expertise which will further strengthen our unique value proposition”.
“The alternative investment industry is evolving, with investors demanding better transparency, lower fees, and comprehensive portfolio solutions which properly diversify the investment risk and achieve long-term objectives,” said Larry Smith. “Horton Point is building a technology-driven asset management business and I share their conviction that institutional-quality customized portfolio solutions should be available to investors of all sizes. I look forward to working with the HP team to build a next generation asset management firm.”
About Horton Point
Horton Point runs a multi-asset-class alternative investment platform which is accessible by accredited investors globally via its online technology affiliate, HFIN One (www.hfinone.com). Horton Point’s manager selection focuses on smaller, niche managers with proven alpha-generation skills. The platform allows investors to complete the entire investment process online and build customized multi-asset and multi-manager solutions that fit their specific investment objectives. The platform’s technology allows combining traditional and alternative products in building a holistic solution. HFIN One’s technology is also available to wealth advisors and RIAs as a white label platform for customized product development.
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For further information, contact:
Dimitri Sogoloff, CEO