Aletheia Research Partners With Proctor Investment

Dec 12 2006 | 2:23pm ET

Aletheia Research and Management, Inc, a registered investment advisor, has entered into a strategic partnership with Proctor Investment Managers LLC, which makes private equity investments in, and provides institutional sales and marketing to, boutique investment managers.

Under terms of the transaction, Proctor acquired a 10% equity interest in Aletheia and became its strategic sales and marketing partner.

Proctor, which began operating early in 2006, seeks to take equity positions in complementary investment managers and provide them with a robust sales and marketing platform to accelerate their success and growth. This marks Proctor’s fifth joint venture but is the first one in which it has taken an equity stake in a firm.

"This transaction marks our first equity investment among the five agreements we have completed in 2006, and it represents our first partnership with a firm that offers both traditional and alternative products," said James Coley II, Proctor's chairman and CEO, in a statement.

Aletheia manages approximately $3.25 billion in assets in large-capitalization growth, large-capitalization value, international growth and various income products, along with a market-neutral hedge fund. Founded in 2006, Proctor Investment Managers seeks to take equity positions in complementary investment managers and provide them with a sales and marketing platform to accelerate their growth. Proctor is backed by National Bank Financial, a Canadian investment bank.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…