Two Become One In New Doherty Managed Account Product

Jun 30 2011 | 1:29pm ET

Doherty Advisors is set to offer investors interested in both its flagship and its new tail-risk fund a one-stop shop.

The New York-based volatility arbitrage firm is set to launch a new managed account program combining the two funds at the beginning of next month, HFMWeek reports. KBD Relative Value Plus will be available in both an onshore and offshore version and is expected to debut with $45 million from family offices and funds of hedge funds.

Those investors will get a piece of both Doherty's gamma-neutral KBD Relative Value Volatility Strategy and its long-gamma Grey Swan Equity Hedge Strategy, which launched last year. The latter fund invests in long put and put spreads on Standard & Poor's 500 Index options. The firm's flagship is up 0.6% this year through May.

The new managed account platform, which has a $1.5 billion capacity, will offer monthly liquidity with no lockup. It will charge 2% for management and 20% for performance with a $1 million minimum investment requirement. Barclays Capital and Newedge will serve as prime brokers.

Doherty has $414 million in total assets, including $338 million in its flagship.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

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.