Wednesday, 24 August 2016
Last updated 6 min ago
Oct 14 2013 | 11:17am ET
Atlanta, Georgia-based fund of funds firm Infinity Capital Partners has launched new fund designed to allow simplified access to non-correlated sources of income and diversification utilizing a multi-manager approach.
The new vehicle is the firm’s fifth fund of funds product, but it is the first to focus specifically on alternative investments with an income component.
The Infinity Alternative Income Fund seeks to attractive total returns with a high level of current income by investing opportunistically in income-oriented assets and strategies. The fund will have no bias towards inflationary or deflationary scenarios, or particular macroeconomic outcomes. The fund will continue with the existing Infinity business model, which offers investors the ability to implement difficult to access investment strategies with attractive risk-adjusted returns with low correlation.
According to Steve Barth, portfolio manager and partner with Infinity, this partnership fills a unique niche for which many investors have been struggling to find a solution.
“We believe we are near or at an inflection point for investors who desire preservation of capital and current income,” said Barth. “Traditional fixed income has long served this critical role in asset allocation; however, I believe the experience most investors have had with bonds over the past 30 years has fundamentally changed and we must think different in the way we help investors achieve their goals.”
Milton Williams, partner and principal at the firm, added, “We are extremely excited to bring the Infinity Alternative Income Fund, LP to investors, as we have long felt that investors could benefit from a multi-manager approach for these types of assets.”