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Alternative Market Briefing

The Strategic Group buys Paskewitz Asset Management

Friday, December 28, 2018

Matthias Knab, Opalesque:

The Strategic Group, a Puerto Rico-based private equity firm, has acquired Paskewitz Asset Management, a registered commodity trading adviser. No financial terms were disclosed.

Through an affiliated special purchase acquisition vehicle (The Strategic Funds, LLC), The Strategic Group, P.R., LLC, a Dorado Beach, Puerto Rico-based private equity firm, has announced it has acquired all outstanding interest in Paskewitz Asset Management, a registered Commodity Trading Advisor with $135 million (as of close) in assets under management.

Paskewitz Asset Management, LLC (PAM), a 2018 BarclayHedge award winner recognized for excellence in the managed futures space, implements a contrarian trading strategy that looks to buy into oversold markets and sell into overbought markets on a short-term basis. PAM uses a fully-systematic program that employs three separate models which forecast short and intermediate term tops and bottoms in the S&P 500 index.

Founded in 2012, The Strategic Group, P.R. is a boutique, multi-national, private equity firm that acquires, develops, and successfully operates portfolio companies with a focus on finance and technology.

"We have worked with The Strategic Group over this last year to explore options to complement our existing resources and expand our product offerings. This strategic partnership will enable PAM to increase its institutional management practices and to scale and expand. Additionally, The Strat......................

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