Asset management firm Whitebox Advisors has welcomed Jon Olstein to the firm as a managing director for strategic relationships.
The Minneapolis-based firm announced in a statement released Friday that Olstein, who will be based in the New York/Tri-state area, is responsible for building strategic relationships and delivering exceptional customer service for Whitebox's global clients.
With decades of experience in the financial industry, Olstein was most recently the director of business development at Minnesota-based hedge fund firm Waterstone Capital Management. Prior to Watestone, Olstein served as the director at Deutsche Bank’s Hedge Fund Capital Group where he was a liaison between several global hedge funds and prospective investors.
Whitebox manages about $2.8 billion in assets.