Fri, Jul 25, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gottex’s LUMA managed account platform partners with Southport Harbor to be its U.S. representative

Monday, July 23, 2012
Opalesque Industry Update - LUMA Solutions Services Limited (LUMA), a Gottex Solutions Services subsidiary (GSS), which operates a leading European platform offering managed accounts services for UCITS III, European onshore and offshore funds, has recently engaged in a strategic non-exclusive partnership with Southport Harbor Associates to be its platform representative in the United States. Southport Harbor Associates is a leading investor-driven, full-service consulting and marketing platform for hedge funds.

The LUMA Solutions Services platform aims to become the most technically advanced platform within the current marketplace, offering transparent pricing, top-tier service providers, integrated tax reporting, and unique risk management capabilities, by providing access to both offshore and onshore funds, via fully transparent managed accounts or through the LUMA Direct Access Program.

In this new relationship, Southport Harbor Associates will participate in the distribution capabilities within the United States for managers on the LUMA platform, as well as source compelling managers who would benefit from the platform’s numerous capabilities.

“We are excited to have partnered with a professional team like Southport Harbor, as its investor-driven approach to the marketing of managers fits very well within our strategy, helping provide the infrastructure and support to grow the managers on the LUMA platform,” commented Greg Troccoli, Global Head of Business Development for LUMA Solutions Services.

“The partnership with LUMA is further testament to the success of Southport Harbor’s unique model that presents compelling hedge fund offerings tailored to the mandates of the institutional investors with whom we work,” added Steven Simmons, Global Head of Sales for Southport Harbor Associates.

(press release)

Based in Luxembourg, LUMA is an affiliate of Gottex Fund Management Holdings Ltd (Gottex) and provides full managed account services for both Luxembourg UCITS III vehicles, onshore European and offshore funds including assistance and advisory services on daily position reconciliation, independent pricing, including estimated daily NAVs, advisory services on risk monitoring and reporting, One-Click Partitioning,and assistance on management of service provider relationships. LUMA benefits from the operational and investment expertise of Gottex, a leading provider of alternative investment solutions to institutional investors globally. As of June 30th, 2012, Gottex held USD 7.4 billion in fee earning assets. www.lumasolutions.com

Southport Harbor Associates is an alternative-investment consultant and advisory firm headquartered in Southport, Connecticut. Southport Harbor provides an operational framework for alternative managers designed to nurture the development of their business model. Southport Harbor is uniquely focused on understanding the needs of institutional investors and specifically tailors a consultative approach to alternative-fund allocation across numerous strategies. The firm has a global span within the institutional investment community yet maintains a boutique approach that provides unparalleled client service.

Southport Harbor Associates has an exclusive relationship with Triliad Securities, LLC, is a New York–based investment banking firm and member of the Financial Industry Regulatory Authority (FINRA).

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm

  3. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  4. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  5. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro