Mon, Aug 31, 2015
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. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  2. Activist News - Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping, Meet Europe's best activist investor[more]

    Carl Icahn has snapped up a huge stake in Freeport-McMoRan, and the stock is ripping From Businessinsider.com: Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a j

  3. North America - Hedge fund manager Ray Dalio’s challenge to the Fed[more]

    From Newyorker.com: For some reason, Janet Yellen, the chair of the Federal Reserve, decided to skip this year’s annual Fed conference in Jackson Hole, where monetary policymakers from the United States and abroad get together with some prominent academics to discuss the big issues of the moment. Th

  4. Performance - Hedge funds set to bank millions by short selling during London share slump, The China market chaos has made this hedge fund its most money in 2 years, Odey hedge fund said to surge 9% betting against China, Hedge funds with long-held bearish views on China rack up profits, Hedge funds in U.S. seen curbing damage from August turbulence, Hedge funds collect on their predictions of a fall, How did managed futures do while the Dow was down 1000[more]

    Hedge funds set to bank millions by short selling during London share slump From TheGuardian.com: Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall. The funds making the bets include Lansd

  5. Opalesque Exclusive: John C Head IV leaves alternative investment firm Gallery Capital, David Harrison joins as co-CIO[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: John C Head IV, former president and co-founder of Gallery Capital Management, an alternative inv

 

banner