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Seeding firm James Alpha to back long/short credit hedge fund Coherence Capital

Tuesday, June 09, 2015
Opalesque Industry Update - Fixed income manager Coherence Capital Partners and James Alpha Management, a diversified asset management firm specializing in identifying, seeding, and growing alternative investments for institutional and individual investors, have entered into a strategic partnership to exclusively distribute Coherence Capital’s flagship Spectrum Fund.

The Spectrum Fund is a long/short alternative investment vehicle predominantly focused on North American and European corporate and sovereign debt exposures. James Alpha will be making a principal investment in the Spectrum Fund as well as focusing on distributing the Fund through its substantial investor network. James Alpha, well known for its ability to identify the top performing emerging managers in the alternative space, and Coherence Capital will also collaborate to create new private and liquid alternative products in the credit space. The Spectrum Fund has a 34 month track record with a cumulative return profile of 41.72% on the Series B interests.*

James Alpha will also integrate Coherence into their Multi-Strat Alternative Income Mutual Fund, JAIMX, and will explore other opportunities with Coherence within the company's expanding family of Liquid Alternative Mutual Funds, said James Vitalie, Partner and President of James Alpha.

Coherence Capital Partners, LLC, established in January 2012 is a New York-based asset manager and advisory firm focused on fixed income opportunities in North America and Europe. Coherence Capital Partners is composed of professionals with deep backgrounds in investment management who aim to deliver consistent, superior risk-adjusted returns based on a unique investment platform and extensive knowledge and experience in the fixed income markets.

James Alpha Management is a diversified asset management firm specializing in identifying, seeding, and growing alternative investments for institutional and individual investors. The company's objective is to identify outstanding early-stage alternative investment managers, make an investment, and grow the business.

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