SERVICERS' SPOT: New products and services for new managers
CAIS, Citi and Atlantic Fund Services partner on a listed alternatives solution
Bailey McCann, Opalesque New York
CAIS, Citi and Atlantic Fund Services have collaborated to create ALTX Trust, the first series trust designed to provide a turnkey solution for hedge fund managers that seek to launch '40 Act mutual funds. The solution is designed to help hedge fund managers launch and distribute liquid alternatives by outsourcing a significant portion of the workflow in bringing those products to market. CAIS already provides a platform to managers for a variety of services, ALTX Trust marks the latest in a growing array of strategic alliances and product offerings.
As with all funds listed on CAIS, Mercer will conduct strategy due diligence, ongoing monitoring and......................
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