Thu, Oct 27, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers June 2013

Servicers' Spot - Meet Concept, your friendly prime broker

Jack Seibald Jack Seibald and his partner, who co-founded Concept Capital Markets, a prime brokerage head-quartered in Garden City, NY, used to be hedge fund managers; they launched a sector long/short equity fund in '97 called Whiteford . That is why they know how to provide assistance and solutions to effectively launch your fund.

"Much of what Concept has become, including the infrastructure that supports the business and the services offered to hedge fund managers stems from that experience," he tells Opalesque.

"We have sat on that side of the table and know that managers tend to have preferences for what they trade, how they trade, who they trade with, how they look at their portfolio, what kind of reports they like."

So a standardized offering will not work, but a flexible one will.

Concept's platform makes sure managers don't have to make to many adjustments to fit in, whether in terms of trading means or reporting for example. It is all about, make yourself comfortable and start trading.

Under the usually correct assumption that most emerging managers have never run a business before, Concept also provides a pre-launch consulting service. Seibald explains this service helps managers understand their future needs, the service providers they will have to hire (often together with actual introductions) and their budget. "This helps managers understand what they are getting themselves into and I think they most appreciate that," he adds.

Concept's revenues for the most part come in the form of commission on transaction activity. "But it's also about building the relationships," he......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  2. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa

  3. Investing - Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities, Lansdowne's Roden says likes animal genetics company Genus[more]

    Fund set up to buy illiquid hedge fund stakes finds plenty of opportunities From As ValueWalk reported back in February, earlier this year Andrew Lawrence set out to raise $250 million to $500 million for a fund that will buy stakes in hedge funds that have suspended redem

  4. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion

  5. Opalesque Roundtable: Style drift, poor communications and credibility fatigue are biggest red flags for hedge funds investors[more]

    Komfie Manalo, Opalesque Asia: Style drift, poor communications and credibility fatigue are the biggest red flags for hedge funds investors, said participants of the latest 2016 Opalesque Investor Roundtable, sponso