Sat, Jun 24, 2017
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. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  2. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  3. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  4. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to

  5. Barclay Hedge Fund index gains 0.50% in May, 4.13% YTD[more]

    Hedge funds gained 0.50% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index is up 4.13% in 2017. The Barclay Hedge Fund Index has now been profitable for seven months in a row, with a cumulative gain of 6.10%. The Barclay Technology Index has gained 12.27% in the fi