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Alternative Market Briefing

Fund Seeder aims to connect new managers with investors

Friday, March 21, 2014

Bailey McCann, Opalesque New York, New Managers:

Noted author Jack Schwager and investment industry veteran Emanuel Balarie have teamed up to launch The website is designed to showcase the skill of new managers who may not even have assets to run yet. For traders who sign up, they agree to have their trades verified by the site and shown to potential early investors, or seeders in the hopes of raising new capital.

"We believe some of the greatest traders in the world are undiscovered. The problem is that they don't know where to look in terms of attracting investor capital. So, we've put together a platform that will connect them with investors and show their live track record," Balarie says in an interview with Opalesque.

"We have technology and compliance firms as partners to facilitate building a comprehensive offering," Schwager adds. For potential investors the website can be a new way to find emerging managers without trying to sort through consultant recommendations or fund of funds offerings.

"All we are doing is acting as the connector. Agreements between investors and managers will be handled offline. We just want to give these traders a chance to have their abilities evaluated by our investor network and let returns speak for themselves. In a sense, we are trying to level the playing field. Those results will be shown to investors who can decide if they want in,' Balarie says.

Both Balarie and Schwager hav......................

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