Stanley Fink, Baron Fink
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Stanley Fink, Baron Fink, (born 15 September 1957), is a
British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...
hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
manager Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a government bodies through business administration, nonprofit management, or the political science sub-field of public administra ...
and
parliament In modern politics and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...
arian, who was formerly CEO of
Man Group Man Group plc is an active investment management business listed on the London Stock Exchange. It provides investment funds in liquid and private markets for institutional and private investors. It is the world's largest publicly traded hedge f ...
plc. 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. Life peers are appointed by the monarch on the advice of the prime minister. With the exception of the D ...
in 2011, Lord Fink sits on the Conservative Party benches in the
House of Lords The House of Lords is the upper house of the Parliament of the United Kingdom. Like the lower house, the House of Commons of the United Kingdom, House of Commons, it meets in the Palace of Westminster in London, England. One of the oldest ext ...
.


Early life

The son of Louis Fink and Janet ''née'' Stone, he was born in 1957 at
Crumpsall Crumpsall is an outer suburb and Wards of the United Kingdom, electoral ward of Manchester, in Greater Manchester, England, north of Manchester city centre, bordered by Cheetham Hill, Blackley, Harpurhey, Broughton, Greater Manchester, Broughton ...
,
Lancashire Lancashire ( , ; abbreviated ''Lancs'') is a ceremonial county in North West England. It is bordered by Cumbria to the north, North Yorkshire and West Yorkshire to the east, Greater Manchester and Merseyside to the south, and the Irish Sea to ...
, where his father ran a
grocery store A grocery store ( AE), grocery shop or grocer's shop ( BE) or simply grocery is a retail store that primarily retails a general range of food products, which may be fresh or packaged. In everyday US usage, however, "grocery store" is a synon ...
.Candice Krieger
Interview: Stanley Fink
''The Jewish Chronicle'', 18 September 2009
Fink was educated at
Manchester Grammar School The Manchester Grammar School (MGS) is a highly Selective school, selective Private_schools_in_the_United_Kingdom, private day school for boys aged 7-18 in Manchester, England, which was founded in 1515 by Hugh Oldham (then Bishop of Exeter). ...
before going up to read Law at
Trinity Hall, Cambridge Trinity Hall (formally The College or Hall of the Holy Trinity in the University of Cambridge, colloquially "Tit Hall" ) is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. Founded in 1350, it is th ...
(graduating MA).Finance and philanthropy: The acceptable face of Capitalism – Business Analysis & Features, Business
''The Independent'' (8 September 2006). Retrieved 19 November 2010.


Business career

Fink started his career at the accountancy firm,
Arthur Andersen Arthur Andersen LLP was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corpo ...
, qualifying as FCA before briefly working for
Mars Inc Mars, Incorporated (doing business as Mars Inc.) is an American multinational corporation, multinational manufacturer of confectionery, pet food, and other food products and a provider of Animal welfare, animal care services founded on June 23 ...
, then joining
Citibank Citibank, N.A. ("N. A." stands for "National bank (United States), National Association"; stylized as citibank) is the primary U.S. banking subsidiary of Citigroup, a financial services multinational corporation, multinational corporation. Ci ...
. 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 investment funds in liquid and private markets for institutional and private investors. It is the world's largest publicly traded hedge f ...
, a hedge fund, from 2000 to 2007. Described as the "godfather" of the UK
hedge fund A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
industry Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector ...
, 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 the United Kingdom's best-known stock market index of the 100 most market capitalisation, highly capitalised ...
public company status, the largest listed hedge fund company in the world. In September 2008, Fink came out of retirement to serve as chief executive of International Standard Asset Management (ISAM) in partnership with
Lord Levy Michael Abraham Levy, Baron Levy (born 11 July 1944) is a British life peer and former chartered accountant who was chairman and CEO of a large independent group of music companies. A long-standing friend of former prime minister Tony Blair, ...
. 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 us ...
. Fink served on the board of Marex until 2023 and was Chairman and the largest shareholder of Zenith Hygiene Group for 10 years, which was sold to
Bain Capital Bain Capital, LP is an American Investment company, private investment firm based in Boston, Massachusetts, Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, p ...
in 2018. Fink is a seed investor in Ecometrica, a leading environmental software business which, headquartered in
Edinburgh Edinburgh is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. The city is located in southeast Scotland and is bounded to the north by the Firth of Forth and to the south by the Pentland Hills. Edinburgh ...
, operates globally. An early investor in New Forests Company, among the largest
sustainable forestry Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...
businesses in
Africa Africa is the world's second-largest and second-most populous continent after Asia. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 20% of Earth's land area and 6% of its total surfac ...
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 eToro Group Ltd. is an Israel, Israeli multi-asset Investment management, investment and social trading company focused on providing Financial trading, financial services. eToro was founded in 2007 in Tel Aviv by Yoni Assia, Ronen Assia, and Da ...
. 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. 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. Life peers are appointed by the monarch on the advice of the prime minister. With the exception of the D ...
on 18 January 2011, he took the
title A title is one or more words used before or after a person's name, in certain contexts. It may signify their generation, official position, military rank, professional or academic qualification, or nobility. In some languages, titles may be ins ...
of Baron Fink, ''of Northwood in the
County of Middlesex Middlesex (; abbreviation: Middx) is a former county in South East England, now mainly within Greater London. Its boundaries largely followed three rivers: the Thames in the south, the Lea to the east and the Colne to the west. A line of hi ...
''; Lord and Lady Fink were regular guests of
David Cameron David William Donald Cameron, Baron Cameron of Chipping Norton (born 9 October 1966) is a British politician who served as Prime Minister of the United Kingdom from 2010 to 2016. Until 2015, he led the first coalition government in the UK s ...
at
Chequers Chequers ( ) is the English country house, country house of the Prime Minister of the United Kingdom, prime minister of the United Kingdom. A 16th-century manor house in origin, it is near the village of Ellesborough in England, halfway betwee ...
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 A treasurer is a person responsible for the financial operations of a government, business, or other organization. Government The treasury of a country is the department responsible for the country's economy, finance and revenue. The treasure ...
of the Conservative Party, to which he had previously given £2.62m: he is among the top 20 biggest donors to the Conservative Party. In February 2015, Fink was erroneously 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 th ...
Ed Miliband Edward Samuel Miliband (born 24 December 1969) is a British politician who has served as Secretary of State for Energy Security and Net Zero since July 2024. He has been Member of Parliament (United Kingdom), Member of Parliament (MP) for D ...
of undertaking "
tax evasion Tax evasion or tax fraud 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 red ...
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,
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: Arts and entertainment Film and television *'' Præsident ...
of
Evelina Children's Hospital Evelina London Children's Hospital is a specialist National Health Service, NHS hospital in London, England. It is administratively a part of Guy's and St Thomas' NHS Foundation Trust and provides teaching facilities for London South Bank Univers ...
and serves on the
Board of Trustees A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...
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 (branded as 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 i ...
. 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 the spouse of former Prime Minister of the United Kingdom Tony Blair. Early life and education Booth was born ...
attended a fundraiser for learning difficulties charity Norwood, of which he is a benefactor.A large crowd raises £3.3m for Norwood's services
''
The Jewish Chronicle ''The Jewish Chronicle'' (''The JC'') is a London-based Jewish weekly newspaper. Founded in 1841, it is the oldest continuously published Jewish newspaper in the world. Its editor () is Daniel Schwammenthal. The newspaper is published every Fri ...
'', 23 November 2010


Personal life

Interviewed by ''
The Jewish Chronicle ''The Jewish Chronicle'' (''The JC'') is a London-based Jewish weekly newspaper. Founded in 1841, it is the oldest continuously published Jewish newspaper in the world. Its editor () is Daniel Schwammenthal. The newspaper is published every Fri ...
'' Fink said, "Being Jewish is part of what I am and it is an inheritance I am proud to pass on to my children" but also added, "I have accepted that, as we live in multi-cultural Britain, one of my children might not marry someone Jewish." According to the ''
Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and has been published as a magazine supplement by British national ...
'', Fink is worth an estimated £70 million. In 1981 Fink married Barbara Paskin, by whom he has two sons, Jordan and Alex, and a daughter, Gabriella.www.burkespeerage.com
/ref> Lord and Lady Fink live in
north London North London is the northern part of London, England, north of the River Thames and the City of London. It extends from Clerkenwell and Finsbury, on the edge of the City of London financial district, to Greater London's boundary with Hertfordshi ...
as well as owning properties in
France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...
and
Spain Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...
.


Arms


References

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