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Stanley Fink, Baron Fink (born 15 September 1957) is a British
hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...
manager and politician, who was formerly CEO of
Man Group Man Group plc is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly tr ...
plc. A member of the
Conservative Party The Conservative Party is a name used by many political parties around the world. These political parties are generally right-wing though their exact ideologies can range from center-right to far-right. Political parties called The Conservative P ...
, he has been a
life peer In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. In modern times, life peerages, always created at the rank of baron, are created under the Life Peerages ...
in the
House of Lords The House of Lords, also known as the House of Peers, is the Bicameralism, upper house of the Parliament of the United Kingdom. Membership is by Life peer, appointment, Hereditary peer, heredity or Lords Spiritual, official function. Like the ...
since 2011.


Early life

Stanley Fink was born on 15 September 1957 in Crumpsall,
Lancashire Lancashire ( , ; abbreviated Lancs) is the name of a historic county, ceremonial county, and non-metropolitan county in North West England. The boundaries of these three areas differ significantly. The non-metropolitan county of Lancashi ...
; his father ran a
grocery store A grocery store ( AE), grocery shop ( BE) or simply grocery is a store that primarily retails a general range of food products, which may be fresh or packaged. In everyday U.S. usage, however, "grocery store" is a synonym for supermarket, a ...
. Fink was educated at Manchester Grammar School before going on to study at
Trinity Hall, Cambridge Trinity Hall (formally The College or Hall of the Holy Trinity in the University of Cambridge) is a constituent college of the University of Cambridge. It is the fifth-oldest surviving college of the university, having been founded in 1350 by ...
.Finance and philanthropy: The acceptable face of Capitalism – Business Analysis & Features, Business
''The Independent'' (8 September 2006). Retrieved 19 November 2010.
Candice Krieger
Interview: Stanley Fink
''The Jewish Chronicle'', 18 September 2009


Business career

Fink started his career at the accountancy firm, Arthur Andersen, qualifying as
FCA FCA may refer to: Arts * Federation of Canadian Artists * Foundation for Contemporary Art, in Ghana * Foundation for Contemporary Arts, in the United States Business and economics * False Claims Act, a United States federal law * Federal Cus ...
before briefly working for
Mars Inc Mars, Incorporated is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$40 billion in annual sales in 2021. Mars was ranked as the fourth-largest priva ...
, then joining
Citibank Citibank, N. A. (N. A. stands for " National Association") is the primary U.S. banking subsidiary of financial services multinational Citigroup. Citibank was founded in 1812 as the City Bank of New York, and later became First National City ...
. He served as chief executive officer of
Man Group Man Group plc is an active investment management business listed on the London Stock Exchange. It provides a range of funds across liquid and private markets for institutional and private investors globally and is the world's largest publicly tr ...
, a hedge fund, from 2000 to 2007. Described as the "godfather" of the UK
hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as sho ...
industry, he is credited with building the Man Group up to its
FTSE 100 The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
public company status, the largest listed hedge fund company in the world. In September 2008, Fink came out of retirement to act as the chief executive of International Standard Asset Management (ISAM) in partnership with
Lord Levy Michael Abraham Levy, Baron Levy, (born 11 July 1944) is a Labour Party peer. He is a former chartered accountant and was chairman and CEO of a large independent group of music companies. He now acts as a consultant for a number of companies a ...
. Appointed chairman of ISAM in 2015, he retired from its board in December 2018. In 2013, Fink featured on web reality TV show '' HF Lions' Den'', when Lord Fink interviewed three emerging hedge fund managers, and allocated $25 million in investment between the three
funds Funding is the act of providing resources to finance a need, program, or project. While this is usually in the form of money, it can also take the form of effort or time from an organization or company. Generally, this word is used when a firm uses ...
. Fink serves on the board of
Marex Spectron Marex is a UK-based diversified global financial services platform, connecting clients to global energy, metals, agricultural and financial markets. Across its businesses, Marex provides high value add services in Market Making, Execution and ...
and was a chairman and largest shareholder of Zenith Hygiene Group for 10 years, which was sold to Bain Capital in 2018. Fink is a seed investor in Ecometrica, a leading environmental software business which, headquartered in
Edinburgh Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian ...
, operates globally. An early investor in New Forests Company, among the largest sustainable forestry businesses in Africa operating in Uganda, Tanzania and Rwanda, the company has become a market leader in the provision of sustainable wood and FSC-certified transmission poles throughout East Africa. In July 2018, Fink was appointed as Global Special Advisor to eToro. Later that year, the Fink family office was formed, which invests predominantly in PropTech, FinTech and EdTech ventures, and includes: * British Pearl – property investment platform: also chairman; * Farillio – speedy, easy law; * Bud – leaders in open banking; * Seneca Learning – a leading education platform; * PiTops – a leading STEM, creative learning company; * Blackbullion – helping teach students financial literacy; * Project Etopia – leading modular building company, also chairman; ** part owner of hotel group, K2, with 2 leading luxury hotels in Courchevel.


Political career

In January 2009, Fink was appointed Co-Treasurer of the
Conservative Party The Conservative Party is a name used by many political parties around the world. These political parties are generally right-wing though their exact ideologies can range from center-right to far-right. Political parties called The Conservative P ...
. Created a
life peer In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. In modern times, life peerages, always created at the rank of baron, are created under the Life Peerages ...
on 18 January 2011, he took the title of Baron Fink, ''of Northwood in the County of Middlesex''; Lord and Lady Fink were regular guests of
David Cameron David William Donald Cameron (born 9 October 1966) is a British former politician who served as Prime Minister of the United Kingdom from 2010 to 2016 and Leader of the Conservative Party from 2005 to 2016. He previously served as Leader o ...
at
Chequers Chequers ( ), or Chequers Court, is the country house of the Prime Minister of the United Kingdom. A 16th-century manor house in origin, it is located near the village of Ellesborough, halfway between Princes Risborough and Wendover in Bucking ...
and, after the resignation of
Peter Cruddas Peter Andrew Cruddas, Baron Cruddas (born 30 September 1953) is an English banker and businessman. He is the founder of online trading company CMC Markets. In the 2007 Sunday Times Rich List, he was named the richest man in the City of London, w ...
over a cash-for-access controversy, Lord Fink returned as Treasurer of the Conservative Party, which he had previously given £2.62m: he is among the top 20 biggest donors to the Conservative Party. In February 2015, Fink was accused by the
Labour leader The ''Labour Leader'' was a British socialist newspaper published for almost one hundred years. It was later renamed ''New Leader'' and ''Socialist Leader'', before finally taking the name ''Labour Leader'' again. 19th century The origins of the ...
Ed Miliband Edward Samuel "Ed" Miliband (born 24 December 1969) is a British politician serving as Shadow Secretary of State for Climate Change and Net Zero since 2021. He has been the Member of Parliament (MP) for Doncaster North since 2005. Miliband ...
of undertaking "
tax evasion Tax evasion is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxp ...
activities". In reply, he stated simply that not only he avoided tax, but that "everyone does tax avoidance at some level".


Philanthropy

Lord Fink is Chairman of Governors at
Ark Burlington Danes Academy Ark Burlington Danes Academy is a Church of England non-selective, mixed all-through school located in White City, London on a site. The school is funded by the Department for Education and operated by Ark schools, a registered charity under ...
,
President President most commonly refers to: *President (corporate title) *President (education), a leader of a college or university *President (government title) President may also refer to: Automobiles * Nissan President, a 1966–2010 Japanese ful ...
of Evelina Children's Hospital and serves on the
Board of Trustees A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...
of the
Oxford Centre for Hebrew and Jewish Studies The Oxford Centre for Hebrew and Jewish Studies (OCHJS) is a recognised independent centre of the University of Oxford, England. Its research fellows teach on a variety of undergraduate and master's degrees in Oriental studies, and it publishes ...
. In September 2009, he was appointed chairman of
Absolute Return for Kids Absolute Return for Kids (ARK), is an international children's educational charity based in London, UK. Ark is a registered charity under English law. In its reporting year 2017–18, excluding its few subsidiaries, it saw gross income of £ ...
.'Educashun News', ''
Private Eye ''Private Eye'' is a British fortnightly satire, satirical and current affairs (news format), current affairs news magazine, founded in 1961. It is published in London and has been edited by Ian Hislop since 1986. The publication is widely r ...
'', No. 1245 (18 Sep – 1 October 2009), p. 15
In 2010, he and
Cherie Blair Cherie, Lady Blair, (; born 23 September 1954), also known professionally as Cherie Booth, is an English barrister and writer. She is married to the former Prime Minister of the United Kingdom, Sir Tony Blair. Early life and education Booth ...
attended a fundraiser for learning difficulties charity Norwood, of which he is a
benefactor Benefactor may refer to: * ''Benefactor'' (album), a 1982 album by Romeo Void * Benefactor (law) for a person whose actions benefit another or a person that gives back to others * Benefication (metallurgy) In the mining Mining is the ext ...
.A large crowd raises £3.3m for Norwood's services
''
The Jewish Chronicle ''The'' () is a grammatical Article (grammar), article in English language, English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite ...
'', 23 November 2010


Personal life

In 1981, Fink married Barbara Paskin; they have two sons, Jordan and Alex, and a daughter, Gabriella, and live in north London, as well as owning property in France and Spain.


Arms


References

{{DEFAULTSORT:Fink, Stanley 1957 births Living people People from Crumpsall People educated at Manchester Grammar School Alumni of Trinity Hall, Cambridge British hedge fund managers English financial businesspeople British chief executives Conservative Party (UK) life peers British Eurosceptics English philanthropists Fellows of King's College London Life peers created by Elizabeth II