Forum Financial Group, a Portland company that provides services to the investment-fund industry, has received a contract from Rydex Capital Partners to provide services to their new registered hedgefund.
Rydex Capital Partners SPhinX is a closed-end fund seeking investment returns that parallel the Standard & Poors Hedge Fund Index.
The S&P Hedge Fund Index is a benchmark reflecting the performance of a representative group of hedge funds. Rydex Capital Partners is a subsidiary of Rydex Global Advisors, which manages some $7 billion in assets.