Sat, Sep 5, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Meridian launches acceleration platform for emerging funds

Monday, November 25, 2013

Precy Dumlao, Opalesque Asia for New Managers:

Independent fund administrator Meridian Fund Services has launched the Meridian Ascension Platform (MAP), solution for emerging funds which seeks to accelerate their profile and capital raising efforts.

In a press statement, Meridian said that MAP works by joining a platform built to reduce star- up costs, organizational and infrastructure burdens, and time-to-market. MAP, a multiple series Delaware limited liability company, will house emerging funds that join the platform in their own segregated series, which allows a fund manager the freedom to run a strategy as if it were a stand-alone fund.

Meridian’s Chairman, Tom Davis, said, "Meridian has always sought to help emerging funds enter the market and grow to achieve their investment goals. We designed MAP in response to the challenges with which new funds consistently must deal – the primary challenge being a successful capital launch without administrative and operational drag. We view the program as a roadmap for managers poised to navigate the fund launch process. With MAP’s capacity to reduce start-up costs and administrative burdens, emerging funds will be freed from some of the constraints normally associated with a launch. MAP will provide an unprecedented opportunity to accelerate an emerging fund’s growth by allowing a manager to focus on the most two important tasks – implementation of an......................

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. Opalesque Exclusive: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner