Tue, Aug 22, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SandPointe Asset Management reaches $150m in commitments, to close fund at $200m

Wednesday, August 02, 2017

Matthias Knab, Opalesque:

West Palm Beach based SandPointe Asset Management said that firm assets under management have grown to over $116 million USD, with additional commitments of $40 million in September. Investors, which include U.S. and global banks, mutual funds, and family offices, have invested in SandPointe's All-Seasons Strategy and its associated private investment fund, the SandPointe All-Seasons Fund.

"We are excited to have earned the confidence of our investors, and look forward to continuing our investment success," said Dennis Hammond, CEO/CIO in a statement obtained by Opalesque.

The investment objective of the All-Seasons Strategy is to produce uncorrelated, positive returns on an annual basis, while simultaneously providing investors with some degree of protection against major market corrections in their portfolios. To this end, the strategy's model employs SandPointe's proprietary Variable Exposure Technologies. The firm says that the underlying investment model driving the All-Seasons Strategy varies its exposure as it identifies opportunistic periods for three types of trades: Volatility Premium, Tail Risk Protection, and Risk-Off. The Strategy invests in three financial instruments: S&P 500 E-mini futures, VIX futures, and overnight cash. SandPointe expects the first soft close will occur at $200 million in AUM.

The company was set up in 2013 by Dennis Hammond. For the first half of this year, the SandPointe All-Seasons Fund is up 10.3%......................

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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq