Tue, May 26, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Connecticut fund of hedge funds, Simple Alternatives launches manager search

Monday, January 21, 2013

amb
Jim Dilworth
Bailey McCann, Opalesque New York

Simple Alternatives, LLC is an institutional alternative investment manager based in Ridgefield, CT. Simple Alternatives is a boutique firm with a concentrated portfolio of strictly long/short equity, favoring smaller managers (read under $500m AUM). "We focus on bottom up, fundamental stock pickers – the Jones model of plain Jane hedge fund managers. We don’t look at any systemic strategies, or anything too exotic," explains Jim Dilworth, CEO and Founder of Simple Alternatives, in an interview with Opalesque.

The firm’s flagship product, the S1 Fund (SONEX) is a multi-manager, hedged equity strategy, in a mutual fund structure. "There’s a secular trend toward using mutual fund structures over limited partnerships," he says. "The fact that Arden, Grosvenor, GSAM and a variety of established FoHF firms are launching funds like this validate the strong demand from financial advisors and a new source of capital for hedge funds."

To that end, the Dilworth is looking to expand S1’s current portfolio of 5 managers, adding a sixth. The firm announced its search for a new manager today. According to Dilworth, Simple Alternatives is looking to allocate between $10-15m to a long/short equity manager with an edge. He explains that they want someone who relies on fundamentals, but also differentiates him or herself with a specific focus such as a given sector or niche.

"We also want managers who c......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. Opalesque Exclusive: Ovation Partners targets opportunities where few "natural lenders" participate[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Changes in financial regulations post-2008 (Dodd-Frank and Basel III) are forcing banks to significantly alter their core lending businesses. And as mid-sized

 

banner