4 Apr 2011
Active Alpha, the Switzerland-based trading-oriented equity long/short manager, has successfully continued delivering strong and uncorrelated performance since going independent six months ago.
Starting its fund in 2008 within the larger alternative investment firm Horizon21 and with institutional backing, the firm spun out in Q3 2010 to become an equities-focused investment boutique. To assure continuity to its investors during the amicable spin-off, the firm has kept all its existing service providers. In addition, Active Alpha has maintained the institutional operational and risk management infrastructure that was built over the years. Active Alpha has been able to retain all existing investors as well as attracting new clients over the past few months. Assets under management have grown to around $150 million.
“The rationale behind Active Alpha becoming an independent boutique was convincing in many ways, but most importantly, it allows us to be entirely focused on investment performance and fully align our interests with those of our investors. Recent research confirms our notion that being a smaller and very nimble investment manager is a characteristic that is increasingly sought after by many hedge fund investors”, said Active Alpha Chairman and CEO Daniel Schweizer.
Starting its fund in 2008 within the larger alternative investment firm Horizon21 and with institutional backing, the firm spun out in Q3 2010 to become an equities-focused investment boutique. To assure continuity to its investors during the amicable spin-off, the firm has kept all its existing service providers. In addition, Active Alpha has maintained the institutional operational and risk management infrastructure that was built over the years. Active Alpha has been able to retain all existing investors as well as attracting new clients over the past few months. Assets under management have grown to around $150 million.
