Tue, Feb 18, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

AlphaMetrix issues statement to quell rumors

Monday, October 14, 2013

Mark Melin, Opalesque Futures Intelligence, Chicago:

As rumors swirl regarding the potential downfall of a significant player in the alternative investment arena, with concerns regarding customer segregated funds paramount in light of the MF Global and PFG scandals, AlphaMetrix releases a statement that aims to re-assure that all segregated funds are held at a Futures Commission Merchant (FCM) and not at AlphaMetrix.

The statement reads:

The AlphaMetrix companies were started on core principles of transparency. We have invested years of hard work and dedication in building a world class marketplace for alternative investments, which has resulted in years of rapid growth. We are issuing this statement to address inaccurate rumors that have begun to circulate in the marketplace as a result of a recent letter we sent to our fund participants. AlphaMetrix Group LLC is the parent company of AlphaMetrix LLC and a series of other subsidiaries.

AlphaMetrix LLC is the operator for a series of private investment funds and managed accounts. At the parent level, AlphaMetrix Group LLC is working within the capital markets to improve its short-term cash flow. Investor assets remain under the operations of AlphaMetrix LLC, which are on deposit with futures commission merchants and cash custodians and traded by independent investment advisers and commodity trading advisors in accordance with the programs and strategies chosen by each investor.

Recent relat......................

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. Other Voices: Evolution of shrinking hedge fund fees - what do investors and managers need to know?[more]

    By Don Steinbrugge, Founder and CEO, Agecroft Partners (DonSteinbrugge@agecroftpartners.com): Hedge funds fees remain under extreme pressure across the industry. This strong trend is driven by declining return expectations from investors, inc

  2. PE/VC: Venture capital for Canadian companies up 16% from last year, Venture capital helped fuel Silicon Valley. Is it also destroying it?[more]

    Venture capital for Canadian companies up 16% from last year A new study says Canadian venture capital-backed companies raised $5.4 billion over 469 deals last year, marking the third consecutive year of increased VC funding in the country. The MoneyTree Canada report from PwC Canada an

  3. Institutional Investors: UK pension giant Universities Superannuation Scheme to cut hedge funds, Texas County puts $225m in 3 alts funds, Korea's $600bn pension fund to be more active shareholder, CalPERS walking its own path on asset allocation, New York State Teachers' assigns $150m to real estate fund, LD turns to active quant for first time, launches tender worth $147m initially, Texas Teachers commits $250m to opportunistic real estate[more]

    UK pension giant Universities Superannuation Scheme to cut hedge funds The UK's largest private pension manager is slashing its investment in hedge funds, joining an exodus of investors fed up with years of mediocre returns and high fees. The Universities Superannuation Scheme plans

  4. PE/VC: No handshakes, no deals: Silicon Valley VCs hit pause on China, US private equity funds swoop on UK for cheap deals[more]

    No handshakes, no deals: Silicon Valley VCs hit pause on China From Nikkei: Venture capital companies in Silicon Valley are not taking any chances when it comes to the coronavirus outbreak. "Due to the Coronavirus, No Handshakes Please. Thank You," reads a sign on the office doors of An

  5. Global pensions loading up on alternative investments says study[more]

    Laxman Pai, Opalesque Asia: Global pension funds remain committed to increasing their exposure to private equity, real estate, and other alternatives, says a study. A new report from Willis Towers Watson's Thinking Ahead Institute revealed that the shift to alternative assets continues apace