Palmer Square Launches Alt. Income Fund

May 31 2012 | 8:18am ET

Palmer Square Capital Management has raised $160 million for a second open-ended mutual fund in the alternative investment space.

The Palmer Square SSI Alternative Income Fund is being launched in partnership with Montage Investments— a group of asset managers offering a wide range of strategies—and SSI Investment Management, the latter of which will act as sub-advisor. The fund will take long positions in convertible securities and short positions in the common stock of the issuers of those convertible securities.

“We believe the SSI team has a very successful, 17-year track record of managing this alternative income strategy, which leverages SSI’s deep expertise in the convertible bond space,” said Christopher D. Long, founder and president of Palmer Square Capital Management. “The strategy complements our focus on delivering risk-adjusted returns with low beta and correlation to traditional markets.”

Palmer Square Capital Management, based in Leawood, Kansas, provides investment advisory services and manages portfolios of hedge fund strategies for a diverse set of clients across high-net-worth, registered investment advisory firms, broker-dealers and institutional clients.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

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

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

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.