Infinity Capital Partners has partnered with Vivaldi Asset Management to offer a registered multi-strategy investment fund with a minimum investment of USD25,000 that invests in leading hedge funds.
Infinity Core Alternative Fund (ZVAMIX), a closed-end interval fund of funds, was launched on 1 April 2014 and has assets of USD25 million.
Vivaldi Asset Management, a SEC Registered Investment Advisor (RIA) providing alternative investment solutions to independent RIAs and financial intermediaries, is the investment advisor. Infinity Capital Advisors, a division of Infinity Capital Partners, an independent, privately-owned fund of hedge funds manager, is the sub-advisor.
The fund is available to accredited investors with assets outside of their primary residence of USD1 million or more or annual income of at least USD200,000.
Advisors can purchase the fund through a number of platforms including Schwab, Fidelity, TD Ameritrade, Pershing, JP Morgan and Millennium Trust.
“The fund allows advisors to allocate to leading hedge funds at a smaller minimum of USD25,000 than most hedge funds offer,” says Michael Peck, president and co-chief investment officer of Vivaldi Asset Management. “We chose to partner with Infinity Capital Partners to sub-advise the fund because they have a track record of successfully managing a multi-strategy fund of funds since 2004.”
“Our experience and deep relationships give us access to a diversified roster of leading hedge fund managers,” says Jeff Vale, chief investment officer of Infinity Capital Partners. “We only work with blue chip, institutional quality managers. Their typical minimums of USD5 million or more are outside the reach of many investors.”
