Moody Aldrich, Wilshire Team Up To Launch Hedge Fund Seeding Platform

Aug 23 2010 | 2:13pm ET

Boston-based investment firm Moody Aldrich Partners has teamed up with Wilshire Funds Management to assist in the development of its open architecture hedge fund seeding platform.

The new vehicle—the MAP Harvest Fund—is a private equity fund that provides acceleration capital to promising, newly independent hedge fund investment teams. The Harvest team, with input from Wilshire, acts as an adviser to its seeded partners to assist in building out investment and key administrative functions. The Harvest platform also provides access to a global distribution network and marketing resources to drive direct asset growth in the seeded firms.  

“Our investors will benefit from Wilshire’s knowledge of a broad range of client needs and preferences and the academic underpinnings and robust R&D that inform a deep understanding of capital markets, product development and risk management,” said Chris Kelley, managing partner of the MAP Harvest Fund.

The Harvest Fund intends to provide investors with exposure to multiple layers of economics including investment performance of skilled emerging managers, revenue sharing, equity-like interest in seeded managers and marketing fees, all within a robust, structured format with underlying liquidity. Investors will have access to daily transparency, capital recycling, and capacity and put rights. Wilshire’s separate account platform integrates administration, audit, reporting, and extensive risk management monitoring. 

JJ Wilczewski, managing director, Wilshire Associates added, “We have spoken to many seed platforms about a potential relationship and MAP Harvest stood out because of their reputation as a first-class firm as well as our recognition of their principals’ experience and success building businesses.  We look forward to helping the Harvest Fund deliver a robust, transparent and best in class offering to their clients.”  


In Depth

Q&A: High Conviction, Low Correlation

Oct 30 2014 | 7:35am ET

Acadian Asset Management's numbers are big: over $70 billion in assets under management...

Lifestyle

Ex-Hedgie Steyer Gives $56M To Climate Action Super PAC

Oct 28 2014 | 9:23am ET

Retired Farallon Capital founder Tom Steyer has poured almost $56 million into his...

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

The yield curve and stock market response

Traders form habits quickly. Understanding these and their effects can better equip us to decipher actual market moves.

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.