White Peaks Plans Managed Accounts Platform

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.


In Depth

Delayed Flash Crash Arrest Highlights Difficulties Detecting Fraud

Apr 23 2015 | 7:19am ET

The five years it took regulators to bring high-profile charges against a UK trader...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note