Sat, Mar 17, 2018
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.

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).


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. Performance - Hedge fund mojo is back with investor hopes at six-year high, These hedge funds produce the most consistently great results[more]

    Hedge fund mojo is back with investor hopes at six-year high From Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG sur

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t