•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

From Sagar Chakraverty, Opalesque Asia:

Timothy A. Krochuk is the managing director and portfolio manager at hedge fund firm GRT Capital Partners in Boston. GRT Capital entered into a joint venture (JV) in 2009 with Denver Investments, an $8bn asset manager based in Denver, Colorado, to form Denver Investments Alternatives. Krochuk also serves as the COO of the new unit.

There is an increasing trend where traditional long-only managers reach out to form alliances and joint ventures as well as M&As with players in the alternative industry. In a recent video interview with Opalesque’s founder Matthias Knab, Krochuk talked about the benefits of the alliance between GRT and Denver. He also described GRT’s new combined account structure called United Alpha.

How is the JV benefitting both? “This is a venture that both of us were looking for. GRT and Denver have very similar philosophies and had the right fit. The reason that Denver was looking (for a JV) is that… everybody agrees that alternatives are going to be larger and larger [in] institutional portfolios. Even Harvard now has 35%-40% of alternatives, which is quite an increase. The traditional long-only managers like Denver, which is been around since 1958, know that it would help them to have some alternatives capabilities to their exiting relationships,” Krochuk explained.

GRT Capital is a boutique firm comp......................

To view our full article Click here