Ramius In Australian Pension Partnership

Apr 9 2010 | 1:21am ET

Ramius Alternative Solutions and an Australian money manager are teaming up to bring hedge funds to the Down Under pension market.

As part of its partnership with Sydney-based Perpetual Investment Management, Ramius will manage a pair of funds of hedge funds, which Perpetual will market to Australian pension funds and high net-worth individuals. The two new products are designed to complement Perpetual’s existing alternative investment portfolios, which include private equity, real estate, infrastructure, credit and hedge funds.

Ramius, a division of the Cowen Group, will also advise Perpetual on its hedge fund investments.

Australia requires that 9% of each citizen’s salary be invested in a retirement scheme, meaning the country has the fifth-largest pension fund system in the world. But relatively little of the A$1.2 trillion is invested in hedge funds.

“We are delighted to have been selected by Perpetual, one of the most prestigious firms in the Australian financial market, as their hedge fund partner and advisor and we look forward to working with their talented Multi Manager team to maximize the potential of this relationship for both parties,” Ramius CEO Thomas Strauss said. “Our partnership with Perpetual further validates the model that Ramius has established as a sophisticated global hedge fund investment platform that has the team, experience, infrastructure and investment processes in place to deliver value-added intellectual capital to sophisticated institutional clients like Perpetual.”


In Depth

JOBS Act Propels Real-Estate Crowdfunding Platform

Oct 21 2014 | 2:57am ET

If D.J. Paul were a real estate development, he would be described as “multi-use...

Lifestyle

Balyasny Pays Over $6M For Lakefront House

Oct 22 2014 | 10:29am ET

A venture headed by hedge fund manager Dmitry Balyasny just paid $6.2 million for...

Guest Contributor

Hedge Funds Weather A Data Management Perfect Storm

Oct 22 2014 | 12:28pm ET

From a regulatory standpoint, nearly every development since the crisis has placed...

 

Videos

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

October 2014 Cover

Deeply flawed risk benchmark

Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.