AlphaHedge Launches Managed Accts. Platform

May 8 2012 | 11:34am ET

Philadelphia’s AlphaHedge Capital Partners has launched a managed accounts platform supporting an array of long/short equity hedge fund strategies.

AlphaHedge chairman and CEO Gregory S. Horn said the platform was inspired by growing market frustration with a decade’s worth of high volatility and low returns from equities.

Horn says the AlphaHedge SMAs are an antidote to the high minimum investments and limited  liquidity of  traditional hedge funds and the “tax inefficiencies, lack of transparency and elevated fixed fees” of alternative mutual funds. 

Most AlphaHedge strategies carry a minimum investment requirement of $250,000, all strategies are held in brokerage accounts registered to the investor and all are “largely liquid,” according to the firm.

The long/short equity strategies offered on the AlphaHedge platform cut across market capitalization ranges, geographic regions, market sectors and investment styles. The platform went live in February and is currently running accounts for three strategies and is deliberating with “numerous other talented managers” interested in participating on the platform.

The firm says that although some of its managers have assets in excess of $1 billion, the platform can be “especially advantageous” to “modest-sized and emerging hedge fund managers.” Kent G. Bonniwell, AlphaHedge president and COO, says the platform offers a new channel for small funds which can attract assets without the burden of servicing individual client accounts.

AlphaHedge’s strategies will initially be launched on the Pershing NetX360 managed account platform.

“AlphaHedge’s institutional-quality platform is built to deliver the intellectual capital of hedge fund managers to advisors and their clients in a scalable manner while effectively minimizing the customary operational risks that can make advisors and investors reluctant to utilized hedged strategies,” said Bonniwell.

 

 


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note