Thu, Sep 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge fund Bridge Reid merges with Willow Oak Asset Management

Friday, May 19, 2017

Komfie Manalo, Opalesque Asia:

The General Partner of Bridge Reid Fund I, LP, a private hedge fund that utilizes value-oriented investment principles, has entered into a partnership with Sitestar Corporation asset management subsidiary Willow Oak Asset Management.

Under the deal, Willow Oak will provide Bridge Reid with fund advisory services. Bridge Reid will continue to be managed by its General Partner members, Michael Bridge and Nathan Reid.

"We are thrilled to partner with Mike and Nathan. I have held both of them in high regard since first meeting them at the Berkshire Hathaway annual meeting in 2011. Bridge Reid fits perfectly with our asset management operations since Mike and Nathan share our investor friendly approach, and our passion and belief in value investing as a superior long-term investing approach. We look forward to working with them to build Bridge Reid for long-term success," said Steven Kiel, Sitestar's CEO.

Michael Bridge, Bridge Reid's co-managing member, commented, "Nathan and I are extremely excited to partner with Sitestar. Since becoming a portfolio manager in 2012, Steve has compiled a remarkably successful investment track record. We have also been impressed watching Steve and his team build a value investing-oriented asset management platform at Sitestar through its Willow Oak subsidiary. We look forward to Bridge Reid benefitting from Steve's knowledge and perspective, and being associated with a growing, institution......................

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. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3