Sat, Dec 27, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge fund group Ramius and Ramius Alternative Solutions extend partnership

Monday, September 16, 2013
Opalesque Industry Update - Ramius LLC, (“Ramius”) the global investment management business of Cowen Group, Inc. (“Cowen”, today announced that it has entered into an agreement for the long-term extension of its partnership with Ramius Alternative Solutions, LLC (“RASL”) portfolio managers, Stuart Davies and Vikas Kapoor. RASL offers a range of customized hedge fund investment and advisory solutions with approximately $2.9 billion in assets under management as of August 1, 2013. Under the agreement, a new operating committee has been established to oversee the business consisting of Michael Singer, Chief Executive Officer of Ramius; Thomas W. Strauss, Chairman of Ramius and Vice Chairman of Cowen Group, Inc.; Stuart Davies, Co-CEO of RASL; and Vikas Kapoor, Co-CEO of RASL.

Michael Singer said, “We are very pleased to continue our longstanding relationship with Vikas and Stuart, as they are exceptionally talented and proven investment professionals. Our partnership with them is another example of the ongoing growth at Ramius and how we meet the demands of sophisticated institutional investors. We will continue to source and develop talented investment teams to expand our capabilities and deliver alpha and solutions to our investors.”

Stuart Davies, with Vikas Kapoor, said, “We are delighted to extend our partnership with Ramius and continue to develop the capabilities of RASL with the ongoing benefit of the firm’s infrastructure, operations and marketing capabilities. RASL is uniquely positioned to help institutions meet their demands for creating efficient alternative portfolios, capturing hedge fund alpha, measuring and managing traditional and alternative betas, and managing portfolio volatility. We look forward to a long and productive partnership with our friends and colleagues at Ramius.”

Thomas W. Strauss said, “We are thrilled to announce the extension of this partnership. Since Vikas and Stuart joined Ramius in 2008 and 2009, respectively, they have implemented a wholesale change to Ramius’ traditional fund of hedge funds business and successfully created and scaled a differentiated alternatives business focused on creating customized investment solutions for sophisticated global institutions. They have developed proprietary algorithms and tools that enable access to hedge fund exposures for clients who have investment mandates or regulatory constraints that require greater liquidity, transparency, fee sensitivity, or risk management flexibility than a traditional portfolio of hedge funds would allow. We are proud of what they have accomplished for clients, and for Ramius, and we look forward to our ongoing relationship.”

press release

bc

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. Hong Kong-Shanghai stock link fails to live up to expectation so far[more]

    Komfie Manalo, Opalesque Asia: In a report, Reuters said that demand has been subdued with the bulk of activities coming from short-term speculative investors. Las

  2. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  3. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  4. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for

  5. CFTC Revokes Registrations of Illinois Resident Aleks A. Kins and Chicago-based AlphaMetrix, LLC[more]

    Matthias Knab, Opalesque: The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its