Wednesday, 10 February 2016
Last updated 5 hours ago
May 18 2011 | 2:39pm ET
Tiedemann Wealth Management has just unveiled a new vehicle that invests in third party managers across a range of asset classes, including hedge funds.
“The TWM Partners Fund is a natural extension of our investment capabilities allowing high net worth individuals, family offices and other qualified purchasers access to our best thinking through a limited partnership structure,” said Craig Smith, president of Tiedemann Wealth Management. “The fund also provides our partners, employees and their families the opportunity to more easily invest alongside our clients.”
The portfolio team responsible for managing the TWM Partners Fund has worked together for seven years at Tiedemann Wealth Management and currently manages $1.5 billion within the Moderate Growth Portfolio, which the new fund mirrors.
“Through the access of our portfolio management team, strategy team, manager research team and our independent investment committee, the fund is able to invest in a diversified portfolio of equities, fixed income, commodities, hedge funds and other alternative strategies, some of which are closed to new investors,” said Michael Tiedemann, senior managing director and chief investment officer.
Tiedemann Wealth Management was founded in 1999 and is headquartered in New York with offices in Palm Beach and Los Angeles. The firm currently works with approximately 90 clients and advises them on over $6 billion of investable assets.