Thursday, 2 October 2014
Last updated 14 hours ago
Oct 7 2009 | 9:59am ET
Fund of hedge funds manager Lighthouse Investment Partners announced today that its managed accounts program has grown to include 80 distinct investments with over $2 billion in capital.
Overall, Lighthouse manages six products that are exclusively comprised of proprietary managed accounts in multi-strategy, equities and managed futures. Current investment strategies include equities, credit, fixed income and commodities, which enabled the firm to launch its first multi-strategy fund dedicated to managed accounts in January of this year.
“We have taken thoughtful, proactive steps in developing the necessary infrastructure and internal controls for our proprietary structure. Our independent managed account program has been integral to our investment strategy since 2005, and we believe we have built the size, scale and reach that our global institutional investors are demanding,” said Sean McGould, president and co-chief investment officer of Lighthouse.
“Investors are expecting better transparency, asset protection and flexibility from their hedge fund investments and fund of hedge fund managers,” said Kelly Perkins, co- chief investment officer of Lighthouse. “Our long term experience in risk management and investment due diligence combined with our unique structure helps us in achieving those objectives for current and prospective investors.”
Lighthouse Investment Partners, which was founded in 1999, is a fund of hedge funds investment adviser managing approximately $5 billion for institutional and private investors with offices in Florida, Chicago, New York, London and Hong Kong.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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