Clearbrook, HedgeACT, TAC Launch Alts Platform

Jul 10 2013 | 12:01pm ET

Clearbrook Global Advisors has teamed with HedgeACT and The Alpha Cooperative to launch ClearVest, an alternative investment platform.

ClearVest, which launches with over 30 alternative investment managers, was developed for institutional investors, qualified purchasers and wealth advisors.

Each of the founding partners brings particular skills to the table: HedgeACT, an alternative asset management platform founded by Michael E. Griffin, will provide the technology backbone for ClearVest; TAC will provide personnel, risk management, middle- and back-office services; and Clearbrook, a $30 billion privately held, independent investment management firm, will provide the proprietary research and due diligence capabilities via an exclusive licensing agreement.

Users will access a customized managed account solution that includes daily position reconciliation; daily risk monitoring and reporting, performance analytics, NAV calculation; and complete investor reporting

“ClearVest offers a total, comprehensive solution for investors that includes alternatives but is built for the full spectrum of asset allocation and strategies that comprise a truly diversified portfolio,” said Griffin, ClearVest CEO and board member.

“Focused specifically on investors, ClearVest offers the marketplace a non-conflicted, independent, and flexible intersection between embedded research, access to top tier alternative managers at lower minimums, custom reporting, and the ability to upload existing traditional/long-only portfolio data, managers and strategies to the portal. This unique feature enables an investor or advisor to analyze how the addition of alternatives to a long-only portfolio may positively impact quantitative factors, including risk-adjusted performance.”

Clearbook CEO Elliott Wislar serves as a managing member of ClearVest while Alpha Cooperative CEO Charles Zaffuto is COO.


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.