Investment firm van Biema Value Partners has launched customised fund of fund portfolios for sizeable institutional and individual investors.
The firm’s first mandate comes from APG, one of the world’s largest dedicated pension asset managers.
van Biema currently offers three commingled investment strategies focused on investing in small, deep value-oriented long/short equity funds around the globe. The new capability, which employs a bespoke “Fund of One” structure, provides customised access to van Biema’s stable of US, Asian, European, and South American managers and allows van Biema to offer a tailored portfolio of managers designed specifically to address the particular needs of a given investor.
“We are proud to offer customised solutions to our clients through what we believe to be a best-in-class managed account structure, which not only allows the creation of portfolios targeted to meet specific investment objectives, but also provides the security and transparency associated with investing in the underlying managers through segregated managed accounts,” says Michael van Biema (pictured), the founder and chief investment officer of van Biema Value Partners.
“We believe this capability offers yet another option to meet the evolving needs of today’s sophisticated hedge fund investors who are seeking access to the extensive network of small, deep value managers we have developed over the past nine years.”