Mini-Prime Concept Creates Managed Accounts Platform

Aug 12 2011 | 11:06am ET

Concept Capital Markets has launched a new managed accounts platform.

The boutique New York-based prime broker has created a registered investment advisor that will allow its clients to offer their clients managed accounts. Concept's hedge funds will be able to move all of their money to the new platform or can offer managed accounts to existing or potential investors on an individual basis, HFMWeek reports.

"Growing assets under management in a hedge fund world can be difficult at times and an alternative to starting a hedge fund would be to run money as a single managed-account business," Concept's Robert Moore said.


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note