Tuesday, 29 July 2014
Last updated 13 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…