ATLANTA, GA (PRWEB) November 9, 2007
NorthPoint Trading Partners Offers Access to Brighton House Associates Investor Network for its Start-up Hedge Fund Clients
NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company today announced a strategic relationship with Brighton House Associates (BHA) connecting BHA’s investor network to its Hedge Fund clients. This strategic partnership provides NorthPoint hedge fund clients the ability to use the BHA investor lead database services. The announcement once again shows how NorthPoint Trading Partners continues to distinguish its company from other service providers by offering high-touch, low cost services and analytic tools.
“Our goal is to provide our customers the best technology, best execution, and best service available, and the BHA investor network database offers our clients a proven way to find investors that are a match with their strategy.” said Douglas Nelson, Chief Executive Officer of NorthPoint Trading Partners, LLC. BHA offers a unique service providing the most up to date, timely, accurate investor profiles in the market place. The BHA service will aid our hedge fund clients in finding investors that are a fit and which will greatly impact their ability to get investor allocations faster”.
“The BHA database of global hedge fund investors, is the largest, best-qualified source of alternative investors currently available and we are very pleased to offer our services to NorthPoints emerging managers”, said Dan McDermott, BHA founder and CEO. “NorthPoint Trading is thought of as one of the premier prime brokers for small to mid-sized hedge funds and we feel that this is a particularly good fit because we have seen recent trends of family offices, domestic wealth advisors, US- and non-US funds-of-funds, consultants, corporations and foreign institutions seeking out emerging managers that match their latest mandate requirements. What is even more surprising is this investor list also extends to governmental organizations, private banks, endowments, unions and offshore wealth advisors.”
The arrangement allows NorthPoints Hedge Fund clients the ability to easily sign up for and get access to all of BHA’s products and services.
NorthPoint Trading Partners LLC
NorthPoint Trading Partners, LLC offers a complete package of direct access trading platforms, including REDIPlus®, GSEC’s multi-product electronic trading platform that allows clients to trade across different markets and asset classes – from equities to options, to foreign exchange. Through a fully disclosed clearing relationship with Goldman Sachs Execution and Clearing, L.P. (GSEC), clients receive the benefits of boutique firm service and pricing, combined with GSEC’s professional clearing and prime brokerage services, integrated portfolio and trading functionality, suite of pre- and post-trade analytics, and direct access to the Goldman Sachs & Co.’s securities lending group.
Goldman Sachs Execution & Clearing, L.P. is not affiliated with NorthPoint Trading Partners, LLC or any of its subsidiaries or affiliates.
About Brighton House Associates LLC
Founded in 2006 by Daniel McDermott, a veteran hedge fund marketing professional, Brighton House Associates, LLC (BHA) offers solutions that address the vast inefficiencies inherent in the sales and marketing of hedge funds. The company’s technology solution, SalesDesk, is the only on-demand tool designed from the ground up for the alternative investment business to streamline the lead generation process. Today, Brighton House customers include Wall Street brokerage houses, multi-billion dollar hedge funds and funds-of-funds, and industry service providers.