Hedgeye Asset Management Welcomes New Portfolio Managers to Their Investment Team

Hedgeye Asset Management Expands Its Investment Team

In an exciting development for investors, Hedgeye Asset Management, LLC (HAM), a part of the Hedgeye Risk Management family, has announced the addition of two distinguished portfolio managers, David Salem and Sam Rahman. This strategic move aims to bolster their investment management capabilities and enhance their offerings to clients.

Profiles of the New Portfolio Managers

David Salem

David Salem comes with a remarkable background, having previously served as the President and Chief Investment Officer at The Investment Fund for Foundations (TIFF). During his tenure at TIFF, he managed over $8 billion of assets on behalf of more than 800 endowed charities. Salem's vast experience also includes a notable partnership at GMO, where he collaborated with founder Jeremy Grantham to design and manage commingled funds tailored for some of the largest foundations across the United States. His extensive institutional experience positions him as a significant asset for Hedgeye’s client base.

Sam Rahman

Joining Salem is Sam Rahman, who brings with him 15 years of experience working at Crosby Advisors, which is affiliated with Fidelity Investments. At Crosby, Rahman managed a multi-billion-dollar strategy focused on long-term capital appreciation while reporting directly to Fidelity's Founder and Chairman, Ned Johnson. His expertise in crafting investment strategies that yield lasting returns will significantly contribute to HAM’s mission of democratizing access to elite investment research.

Strategic Vision and Future Plans

The newly appointed portfolio managers will report to John McNamara, the Chief Investment Officer of Hedgeye Asset Management. They are expected to start managing assets as early as the second quarter of 2025. John McNamara emphasized the alignment of Salem and Rahman's backgrounds with the company's mission, stating, "David and Sam bring exceptional institutional experience that aligns perfectly with Hedgeye CEO Keith McCullough's vision of democratizing access to world-class investment research."

Their combined expertise signifies a commitment to providing top-tier investment management services. By expanding their team, Hedgeye aims to enhance its exchange-traded funds (ETFs) offerings, making access to high-quality investment research available to a broader range of investors.

Enhancing Client Offerings

With the integration of Salem and Rahman, Hedgeye intends to not only elevate its investment strategies but also to innovate its product offerings in the ETF market. This expansion is part of Hedgeye's ongoing effort to ensure that both retail and institutional investors benefit from world-class research and unique market insights.

In a finance landscape that is rapidly evolving, the experience brought by Salem and Rahman can help Hedgeye position itself strategically, ensuring their clients are well-prepared for future market trends. As such, their contribution is anticipated to lead not just to growth in assets under management but also to enhanced investor confidence and satisfaction.

As Hedgeye Asset Management continues its ambitious growth trajectory, both seasoned and new investors may look forward to the positive impacts that Salem and Rahman will bring to the firm's investment strategies and overall service offerings. With these changes, Hedgeye reaffirms its dedication to empowering investors through insightful research and proven investment acumen.