Pinnacle Unveils Investor Database Aimed At Emerging Managers

Mar 21 2007 | 6:06pm ET

One of the biggest challenges for new hedge fund managers and commodity trading advisors is finding investors. Sensing this need for a cap intro product, consulting firm Pinnacle Alternative Investments has put together an investor database made up of people, institutions and firms that specifically allocate money to emerging managers.

Starting this week, Pinnacle is making its emerging manager investor database available to hedge fund managers and CTAs who, in the past, were turned away from the firm because of Pinnacle’s representation constraints (Pinnacle generally represents three to four managers per year) but are deemed suitable given their historical trading performance, strategy and pedigree, according to Pinnacle managing director Jacques DeRouen.  

“Over the last several months it became clear to us there was a distinct pattern emerging from inquiries regarding emerging managers’ abilities to get their stories out,” said Rouen. “Emerging managers are starving for some attention out there; they’re the lost stepchild, and that’s our niche.”
 
Rouen added that a typical diversified investor database can be priced anywhere from $5,000 to $10,000, whereas Pinnacle’s offering has two pricing levels. For $2,500, emerging managers are privy to some 3,600 firms including family offices, advisors/consultants, wealth managers, seed incubators, endowments, private banks, and funds of funds. Or, for $1,000, one can purchase the same list, minus the wealth managers and funds of funds.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...