Copia Capital has announced that it has now completed the transition of operational responsibilities away from FrontPoint Partners, launching the firm with $520 million in assets under management.

Since 2002, Copia has enjoyed a long and productive relationship with FrontPoint, having acted as investment advisor for FrontPoint’s utility and energy exposures. FrontPoint will remain a strategic investor with Copia, as Copia will continue to manage assets for FrontPoint.

The launch completes Copia’s transformation into an independent, full-service investment advisor. As part of this development, the firm has broadened equity ownership among its partners. Copia’s new status has also allowed it to design and implement a robust proprietary research management system that enables the firm’s process-driven investment strategy.

"Now is an opportune time for Copia to launch as an institutional-quality investment advisor,” said Tim Flannery, Managing Partner and Founder of Copia. “We believe the rapidly changing energy regulatory environment, structural and technological developments and sector inefficiencies will create unprecedented investment opportunities from which Copia’s investors can profit.”