Thursday, 3 September 2015
Last updated 12 hours ago
Jan 29 2007 | 1:42pm ET
New York-based Proctor Investment Managers has partnered with Circle T Explorer, a New York City-based fund of hedge funds shop, to help market emerging managers.
Under the partnership agreement, Proctor has acquired a 24.9% minority equity interest in Circle T and has become its strategic sales and marketing partner, according to the firm.
Proctor will provide Circle T with institutional and intermediary sales, marketing and client services. In addition, Proctor will assist Circle T in with risk management, compliance and financial management services.
Circle T currently has approximately $110 million in assets under management and invests only in managers at the early stages of development, which is typically when the manager’s assets under management are between $10 million and $300 million.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…