Wednesday, June 30, 2010

Introducing Edwin C. Ostrand, LLC

An introduction.

I am extremely pleased to be making my first (and over-due) foray into the world of blogging. The purpose of this first post is primarily to introduce my company, Edwin C. Ostrand, LLC and to give you an idea of what you can expect to read here in the future. My company specializes exclusively in retained executive search for the alternative asset management industry. The skills that I learned in recruiting assets overseas for U.S. intelligence have not only given me a keen insight into what makes an effective hire, but have also endowed me with the ability to find superior talent for my clients – talent that isn’t looking to be found.

Finding the best talent who aren't looking to be found.

With so many former finance-industry executives searching for employment and so few companies actively hiring, why should it be so difficult to find the best talent? The answer is plain: the absolute best talent is still employed. If that is the case, then how does Edwin C. Ostrand, LLC source the best talent for its customers? We certainly don’t simply sift through stacks of resumes, do postings on job boards and source databases like most recruiters. We bring our clients the talent that doesn’t need to read job boards or circulate resumes.

We introduce our clients predominantly to currently employed, successful individuals who demonstrate a passion for their work and who have passed a rigorous multi-screen filtering process. The benefit of this rigorous process to the employer is a higher gold standard of talent, exceptional performance and reduced turnover. Equally as important is that each potential hire must have a passion for what he or she does. We prescribe to Aristotle's observation that "Pleasure in the job puts perfection in the work."

A unique process that yields a perfect fit for your company.

Sometimes being the best simply isn’t enough. No matter how talented an individual may be, if he or she isn’t a good fit with the company’s culture, the likelihood is quite high that neither employer nor employee will be pleased and that crucial resources invested in the new hire will have been wasted. It is for this reason that we don’t take a cookie cutter approach to recruiting. Each search is a special assignment that we begin by interviewing the client to learn about what is important to them as well as in order to understand the special chemistry that makes their team function. This allows us to construct a detailed picture of what the ideal candidate looks like as a person, rather than just as a series of data points on paper.

Armed with this information, we build a customized multi-screen filtering process through which we pass a multitude of candidates. The few that make it through the initial interview to the second level of filtering are then evaluated using a proprietary behavioral interviewing system. If the candidate passes this stage, they are assigned a philological task to complete. Those who successfully complete our screening process are carefully reviewed once more before being submitted for an interview with the client. While we may speak with nearly 100 candidates over the course of the process, the client will only end up seeing 3 or 4. Of these, generally an offer is made to one. In the event that the client does not select any of the individuals presented, we will continue the process until we have completed the assignment and a candidate has accepted the offer.

What you can expect to read here…

As the weeks and months go by, you will get the opportunity to read more details about what sets us apart from traditional recruiters and how we deliver superior value to our clients. Moreover, mixed in with some occasional asides and comments on news and events that are affecting the alternative asset management industry, you will find this blog to be the online source for insights into the black-box world of hiring in the hedge fund universe. As always, if you are in need of exceptional talent, feel free to contact me at

Ed Ostrand


Edwin C. Ostrand, LLC.

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