NEW YORK \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 Man Global Strategies (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153MGS\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2),1 a core investment manager of Man Investments, announced today the formation of the Founders Incubation Platform (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153Founders Program\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2), a seeding and incubation platform for U.S.-based hedge fund managers.<\/p>\n
The Founders Program combines a traditional seeding platform with a multi-strategy investment platform. It aims to provide entrepreneurial portfolio managers with a robust infrastructure and sufficient capital so they can concentrate solely on asset management.<\/p>\n
MGS has joined in a strategic venture with Plinthos Capital LLC (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153Plinthos\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2) to support the program. MGS, which has $US 19bn of client assets under management, has a long history of seeding and incubating managers. MGS provides the investment and working capital for this incubation platform while Plinthos provides comprehensive infrastructure support. Simon Irish, Head of U.S. Manager Selection for MGS, leads the initiative.<\/p>\n
\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cThe Founders Program will enable us to support some of the best money managers t develop sustainable asset management businesses with long-term performance potential,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Alexander Lowe, CEO of Man Global Strategies.<\/p>\n
Launching an asset management company presents many challenges. The Founders Program will allow startup portfolio managers to concentrate on developing track records and executing their business plans. While on the platform, managers receive a comprehensive set of business services and support to assist them to develop a track record and with the future launch of an asset management business. The business services and support that Plinthos provides include:<\/p>\n
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Office space, including IT and communication support
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Trading execution technology
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Efficient settlement and reconciliation infrastructure
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Sound risk management analytics
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Legal and compliance support
\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u00a2 Human resources and recruiting capabilities<\/p>\n
As a result of participating in the Founders Program, a successful portfolio manager will have the opportunity to manage significant capital on behalf of Man Investments, as well as the possibility to form an independent hedge fund investment business.<\/p>\n
Press Contact:
Armel Leslie
Walek & Associates
New York, NY 10017
Tel: +1 (212) 590-0530
Cell +1 (914) 320-7620
aleslie@walek.com<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW YORK \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 Man Global Strategies (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153MGS\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2),1 a core investment manager of Man Investments, announced today the formation of the Founders Incubation Platform (\u00c3\u00a2\u00e2\u201a\u00ac\u00cb\u0153Founders Program\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2), a seeding and incubation platform for U.S.-based hedge fund managers. The Founders Program combines a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-6355","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6355"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6355\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}