Thursday, 26 November 2015
Last updated 14 hours ago
Sep 30 2010 | 12:51pm ET
Colorado hedge fund White Peaks Asset Management is preparing to roll out a separately-managed accounts platform by the end of the year.
The new Clear Edge Separately Account Platform is expected to launch in the fourth quarter, HFMWeek reports. The platform has been seeded with $75 million by a family office and an institutional investor, and should have between 12 and 18 managed accounts by January.
“In the post-Madoff world, investors are demanding more liquid and transparent strategies and they also desire to own their own securities versus owning the limited partnership of a hedge fund,” White Peaks’ Charles Bernard said.
The new platform will focus on long/short equity strategies, especially those with low leverage and low exposure.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…