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Agecroft Partners was founded by Don Steinbrugge, who has 34 years of experience in the institutional investment management industry, including previously serving as the head of sales for one of the world’s largest hedge funds and institutional investment management firms.
“Agecroft has changed the model of hedge fund third party marketing,” says Steinbrugge. “Most third party marketing models are based on leveraging personal relationships and doing extensive entertaining. Ours has been to build a global brand with a reputation as an industry thought leader, strong institutional investment knowledge and representing high quality managers”
Agecroft Partners has been a prolific writer
SS&C GlobeOp, a division of SS&C Technologies, is one of the best-known hedge fund administrators, servicing some of the industry’s largest hedge funds. Year-on-year, the group saw its total hedge fund assets under administration rise from USD584 billion to USD739 billion.
Last year, SS&C GlobeOp saw increased demand for outsourced solutions driven by clients looking to re-engineer their operating models to create scalability and cost efficiency in the face of increasing complexity. This played to its strengths, given the technology heritage of SS&C Technologies and as Ken Fullerton (pictured), Managing Director, Global Co-Head of Hedge Fund Services, explains: “SS&C’s ability
Pillar Capital Management (‘Pillar’) was founded in 2008 and is headquartered in Bermuda. The firm manages open-ended Bermuda incorporated funds invested in the global property catastrophe risk market.
The senior management team at Pillar, headed up by CEO and CIO, Stephen Velotti (pictured), has an average of 25 years’ experience in the reinsurance marketplace.
Pillar Capital is focused on providing alpha to investors through the reinsurance space. It aims to provide an attractive yield for investors while managing the risk it takes to achieve its returns. Analysing the entire market from the large reinsurance sector to the small ILW market
Last year, hedge funds recorded positive returns during every month to end the year with gains of 11.41 per cent according to the 2018 Preqin Global Hedge Fund Outlook report.
For HedgeMark, a BNY Mellon company, this was particularly pleasing as institutional investors, particularly fund-of-fund managers, continued to adopt the use of dedicated managed account structures to optimise their hedge fund investment programmes; something that HedgeMark excels in with its Dedicated Managed Account solution.
“We also saw an increase in demand from the public pension space and we would expect to see a number of plans begin to build out
It’s fair to say that Optima Fund Management has seen a lot of change in the hedge fund industry, given that it is preparing to celebrate its 30th anniversary.
Since Dixon Boardman founded the New York-based firm in 1988, it has steered a steady course. It has continued to evolve in line with market trends so as to unearth the best hedge fund talent, which feature in a range of multi-manager funds, the first of which, a long/short equity FoFs, has been running since the year of Optima’s inception.
“Despite all the changes in the industry, Optima’s success is based
Iron Cove Partners (ICP) is a leading full-service national insurance brokerage firm serving the financial services industry. Headquartered in Garden City, Long Island, ICP is a trusted advisor with decades of experience and over 150 hedge funds as clients.
ICP specialises in meeting the unique insurance demands across all areas of the financial services industry including: investment advisers; hedge funds; private equity funds; mutual funds; broker-dealers, and investment banks.
Louis D’Agostino is Principal of Financial Services practice at Iron Cove, which provides expertise to hedge funds, registered advisers, private equity funds, broker-dealers, and mutual funds. 2017 was another great year with
A lot has transpired since ML Capital founded its Irish-domiciled MontLake UCITS platform in October 2010 during the first wave of the alternative UCITS boom. From launching with just a single UCITS Fund, ML Capital finished 2017 with 25 UCITS funds on the Platform and over USD5 billion in Group AUM, and now sits as one of industry’s most visible and successful players.
Richard Day (pictured), COO of ML Capital says 2017 was a record year for the group in terms of assets under management and top-line revenue growth:
“Over the year, we added seven new funds to the platform.
In Monaco back in 2013 – when bitcoin was priced at USD100 – Alistair Milne, an Internet entrepreneur since 1996, approached Lee Robinson with the idea to launch an innovative digital currency hedge fund. What resulted, in May 2014, was the Altana Digital Currency Fund (ADCF), the first actively managed, multi-asset cryptocurrency fund of its kind in Europe.
In 2017 ADCF returned a phenomenal 1496 per cent (after fees). Since inception it has returned over 2500 per cent, outperforming a passive investment in Bitcoin every year.
ADCF enables investors to gain actively managed exposure to Bitcoin and other digital currencies.
Harneys operates through 14 international locations and its global funds practice advises on all aspects of offshore investment funds, establishment, maintenance and restructuring both in distressed and planned scenarios. The firm’s global investment funds practice continued to grow in 2017, particularly in Cayman and Hong Kong. Harneys is now fully entrenched in the Cayman Islands, celebrating its 10th anniversary this year. Its market disrupter approach and mentality has taken the offshore investment funds market by storm.
“It’s a conscience decision to be the market disrupter. It’s who we are. It’s in our DNA,” says Ian Gobin, who heads-up the Cayman
Whereas a few years ago, managers were jumping in to the ’40 Act mutual fund market to either launch standalone alternative mutual funds or become sub-advisors to multi-manager products, the fact is that there are so many regulations, that trying to replicate a hedge fund strategy – or even a diluted version of it – is difficult.
A potentially more effective alternative is the unlisted closed-end fund (CEF); also known as an interval fund or tender-offer fund
UMB Fund Services’ (UMBFS) Registered Fund Solutions platform gives managers the opportunity to launch an unlisted CEF which may take daily subscriptions but
