Faculty Biographies

Keith Black

Adjunct Professor

Office:
E-Mail: kblack@stuart.iit.edu
Phone: 312.906.5146
Fax:

Education

Affiliated Programs

Research Interests

Biography
Keith Black serves as an associate as Ennis Knupp + Associates.  He is a member of the opportunistic strategies group, which advises foundations, endowments and pension funds on their asset allocation and manager selection strategies in the alternative investment space.  His prior professional experience includes commodities derivatives trading at First Chicago Capital Markets, stock options research and CBOE market-making for Hull Trading Company, and building stock selection models for mutual funds and hedge funds for Chicago Investment Analytics.  He has also served as a research consultant to an equity brokerage firm and a hedge fund marketing firm. 

He contributes regularly to The CFA Digest, and has published in The Journal of Global Financial Markets, The Journal of Trading, The Journal of Financial Compliance and Regulation, and Derivatives Use Trading and Regulation.  He is the author of "Managing a Hedge Fund", which was selected as a required text for the PRMIA hedge fund risk management exam, and was named to the list of the top ten books of 2005 by the Financial Engineering News. 

He has been quoted over fifty times on hedge fund and equity market topics in the print and broadcast media, including the Financial Times, Chicago Tribune, CFA Magazine, NPR, Fox, and NBC.  His professional and research interests include factor models that predict the returns to individual equity securities, mutual fund and hedge fund management and development, and entrepreneurship.

Mr. Black previously served as an assistant professor at IIT's Stuart school, where he has taught Global Market Economics, Equity Valuation, Introduction to Investments, Trading Strategies, Global Investment Strategy, Enterprise Formation and Finance, Portfolio Management and Mutual Funds, and Hedge Funds.

Mr. Black earned a BA from Whittier College in Economics and Mathematics/Computer Science, as well as an MBA in Finance and Operations Research from Carnegie Mellon University.  He has earned the Chartered Financial Analyst (CFA) and the Chartered Alternative Investment Analyst (CAIA) designations.