Palo Verde Capital Unveils Multi-Strategy Fund

Jun 17 2011 | 8:09am ET

Palo Verde Capital has launched a new fund, Global Core Plus, an internationally diversified multi-strategy vehicle.

The fund is managed by Robert Boulware, former CEO of ING Funds Distributor, who also serves as chairman of the Palo Verde Investment Committee.

“The goal was to build a vehicle capable of bridging the gap between mutual fund diversification and hedge fund performance. We have accomplished exactly that, providing actively managed sophistication with fee-sensitivity,” said Boulware.

Tony Stacy, founder of Palo Verde Capital, explained that the new fund provides calculated exposure to global business cycles with disciplined allocations following varying market themes. Its strategies leverage both macro and micro investment themes in equities, fixed income, commodities and alternatives. The fund also uses a 3(c)-1 vehicle, which permits it to opportunistically allocate capital to hedge fund managers.

“We believe the launch of the Global Core Plus marks a new and exciting addition to the Palo Verde family by offering investors access to alpha performance across global markets, complementing our non-correlated strategy, Global Liquid Alpha,” said Stacy, “Global Core Plus helps broaden the suite of products available to investors and leverages Bob Boulware’s experience and success in fund management and investment oversight.”

Scottsdale, Arizona-based Palo Verde Capital was founded in 2008. The firm boasts approximately in $200 million in assets under management.


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

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.