WEST PALM BEACH, FL (www.hedgeco.net) – Three former Goldman Sachs managers Girish Reddy, Gavyn Davies and Thomas Healey have announced the formation of Prisma Capital Partners, LP. The new hedgefund of funds has over $1.5 billion in assets under management according to the press release. The fund targets the institutional investor client base such as insurance establishments, institutionalinvestors, endowments, pension plans and family offices.
Managing Partner Girish V. Reddy said, �Prisma continues to build a solid infrastructure, with the necessary risk management and due diligence capabilities which are designed to meet the investment needs of our institutional client base�.
In his comment, Advisory partner Gavyn Davies said, “Prisma is bringing institutional standards to the fund of funds marketplace and is finding that there is a lot of institutional demand for this product, with its very long track record already proving highly attractive to institutions and family offices in the U.S. and overseas.”
Eric Goodman, President & CIO of AEGON USA Investment Management LLC.said, “Our joint venture with Prisma is exceeding expectations, as we continue to attract talented professionals, significantly increase assets, and produce enhanced returns.� Prisma Capital Partners LP is located in Jersey City, NJ.
Further details available at: http://www.prismapartners.com
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
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