We founded our firm in early 2000 based on three premises:
We are witnessing a paradigm shift in the way wealth is managed. Because hedge funds have broader investment mandates and greater flexibility, the hedge fund model will be recognized as a superior way to achieve capital preservation and long-term return. This secular change has just begun. We want to be part of it.
The emergence of financial conglomerates is the unavoidable consequence of the globalization of finance and the significant investments in people and technology required to serve a mass market. Big players by necessity must standardize. We believe that standardization of service clashes with the needs and aspirations of an increasing number of well-informed investors. We have chosen to build a specialist asset management firm that provides service beyond the management of money. We strive to be a sounding board for our clients' investment ideas, and offer market intelligence by acting as a connector to a large network of investment professionals. Each of our clients must be able to access our principals' knowledge, expertise, and "gut feeling" for making informed investment decisions on their own. Thus, we serve only a limited number of clients. We deliberately avoid the path to mindless growth.
Moral compass and professional integrity cannot be compromised when asking clients to entrust us with their money. It is our policy to be compensated exclusively by our investors. We do not accept commissions from managers or intermediaries; do not raise capital for other managers; do not take economic interests in hedge fund firms; and do not receive "soft dollars". This ensures that investment decisions are never biased by conflict of interest.
It is our ambition to achieve prosperity for our clients by delivering the promise of sound money management through hedge fund investing, dedicated service and managed growth.