Astor Investment Management Forms Long-Term Partnership with JMP Group

Astor Investment Management LLC has formed a long-term partnership with JMP Group, an investment banking and alternative asset management firm, to develop new investment strategies for individual and institutional investors. Also under the partnership, JMP’s asset management subsidiary, Harvest Capital Strategies LLC, has made a minority investment in Astor Investment Management, which currently has over $2 billion of assets under management (as of 11/30/17).

The partnership will leverage Astor’s macroeconomics expertise and its proprietary Astor Economic Index® (AEI). The AEI provides a real-time “now-cast” of the economy and can be used as a risk management and asset allocation tool by “robo-advisors.”

“We’re excited about the potential of this strategic partnership with JMP and Harvest Capital, to combine our strengths as we explore the development and distribution of new investment products that can be offered to a wider audience,” said Rob Stein, CEO of Astor Investment Management.

“We are very optimistic about our long-term partnership with the team at Astor,” said KC Lynch, president of Harvest Capital Strategies. “By combining economic analysis and dynamic ETF portfolio construction, Astor has helped its clients manage risk in various market environments for over a decade. This investment broadens our asset management platform and extends both firms’ product offerings and distribution capabilities.”

Freeman & Co. acted as advisor to the company
444 Madison Ave., 12th Floor
New York, NY 10022
(212) 830 6161

Locke Lord LLP acted as legal counsel to Astor
111 S Wacker Dr # 4100
Chicago, IL 60606
(312) 443 0700

About Astor Investment Management

Astor Investment Management LLC (“Astor”) is a registered investment adviser based in Chicago, IL. Astor provides advisory services to approximately $1.9B (as of March 2016) in client assets across various product channels including Separately Managed Accounts, Mutual Funds, and Model Delivery Arrangements. Astor’s Investment Philosophy is based on the belief that diligent analysis of economic data can provide valuable signals for long-term financial market allocations. Visit www.astorim.com

About JMP Group

JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities; its hedge fund, venture and private capital, and credit management activities though Harvest Capital Strategies, JMP Asset Management and JMP Credit Advisors; and the management of Harvest Capital Credit Corporation (NASDAQ: HCAP), a business development company, through HCAP Advisors. For more information, visit www.jmpg.com.

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