|
|
From Sagar Chakraverty, Opalesque Asia:
"Given the disruption in the overall marketplace (due to the 2008 crisis), it seemed a smart thing to do to become affiliated with a larger organization, which we did with Denver Investments in 2009. With this combination, the client gets the expertise and track record of an established boutique hedge fund manager, but with the comfort that one can derive from dealing with an investment management firm with over $8bn in AUM,"
This is what Timothy Krochuk, managing director and portfolio manager with GRT Capital Partners, a Boston-based multi-strategy alternative investment firm, said about the joint-venture (JV) between a hedge fund and a traditional AM firm during the latest Opalesque Roundtable Boston. Krochuk is also the COO for Colorado-based Denver Alternatives.
In Sept 2009, Denver Investments, then a $7bn AM firm, and GRT Capital Partners, announced the formation of Denver Alternatives. As a new alternative asset division of Denver Investments, Denver Alternatives targets pension funds, endowments, family offices and other institutional investors.
Why the joint venture made sense
"When I look at where the hedge fund industry is heading, maintaining one's independence and investment focus, but offering the comfort der...................... To view our full article Click here
|
|