New York (HedgeCo.net) – Whitebox Advisors, the $2.3 billion (March, 2012) asset management firm founded and led by convention-defying money manager Andrew Redleaf, announced a partnership with third party marketing firm Havener Capital Partners LLC. Havener will spearhead the sales and marketing effort of Whitebox Mutual Funds in the Registered Investment Advisor channel.
“We have been patiently waiting for best-of-breed hedge fund firms to launch mutual fund products,” saidStacy Havener, President of Havener Capital Partners. “We are very proud to have Whitebox as our client in alternatives. RIAs have told us that they are looking for liquid alternatives and that they are looking for ‘something different.’ Whitebox Advisors was built on the foundation of thinking and investing differently and we believe they are a great match for the independent spirit of the RIA channel.”
Whitebox Mutual Funds’ flagship fund, Whitebox Tactical Opportunities, is designed to capture dislocations and mis-pricings across a broad range of securities markets. The fund invests in a variety of securities including equities, debt, convertible securities, and derivatives, often employing classic “hedge fund” strategies.
Whitebox founder Redleaf, along with Bruce Nordin, President of Whitebox Mutual Funds, appreciate the need to partner with sophisticated investment advisors. Whitebox retained Havener Capital because of the firm’s strong relationships with RIAs nationwide.
“We created Whitebox Mutual Funds in order to partner with a broader base of investors who have, until now, not had access to our team, strategies, and unique investment approach,” said Nordin. “Havener has the expertise and the relationships to help us connect with advisors who believe in our investment philosophy that markets are often irrational in ways that can create significant opportunities.”
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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