INDIANAPOLIS, Aug. 10, 2022 /PRNewswire/ — Proteus, LLC introduced it has been chosen by Andersen Capital Administration as its accomplice to enhance Andersen’s SMA platform with an environment friendly, technology-enabled, non-public fund platform in launching its new different funding technique. Andersen will make the most of Proteus’ best-in-class know-how, operational rigor, and associated infrastructure to seamlessly provide their funding methods to Accredited and Certified clientele.
Proteus is structuring a bespoke master-feeder resolution that can permit Andersen to mixture clientele for its Climate Mark Lengthy/Quick funding technique. The technique employs the identical inventory selecting course of that Andersen has used since 2010, now generalized to allow shorting shares which have poor enterprise fashions. The answer will launch September 1, 2022.
“The Andersen relationship is one more instance that highlights our distinctive place and capabilities within the different asset house,” says Eric Knauss, CEO at Proteus. “The Proteus Platform really stands unmatched in its breadth and depth. Our cautious planning and foresight in how we now have developed the know-how and associated infrastructure of the Platform has put us ready the place we will provide tailor-made options that match exacting consumer wants. In Andersen’s case, you see a world-renowned portfolio supervisor that has discovered it’s doable to get pleasure from the advantages of working in a fund construction with none of the burdens. The truth is, life might be getting less complicated and more cost effective for each Andersen and their purchasers by benefiting from the Proteus Platform.”
Proteus affords all kinds of other funding alternatives to Accredited Investor and Certified Purchaser purchasers starting from entry to particular person managers, no-cost managed methods, and complete different asset administration fashions.
Additional, Proteus affords compelling options to asset managers whether or not they presently function SMAs or Funds. In Andersen’s case, Proteus is providing a turnkey resolution to increase current and new purchasers entry to his lengthy brief technique with an environment friendly and clear fund construction. “SMA managers and their purchasers can profit from the benefits of fund constructions. Nevertheless, earlier than the Proteus providing, there was no elegant method of migrating to a fund construction with out exorbitant price, complexity, and opacity. Proteus is altering that dynamic,” Knauss added.
“My purchasers know I’ve excessive ranges of integrity,” says Peter Andersen, Founder and CIO of Andersen Capital Administration. “Since founding Andersen Capital, I had been in search of the proper accomplice for relaunching my lengthy/brief model of Climate Mark. Most fund constructions I thought-about didn’t have engaging providing traits and have been materially poor in what I anticipate for my purchasers. We hesitated to supply the lengthy/brief technique in a fund construction if these issues weren’t solved. Proteus does simply that. With this partnership I can provide my methods broadly, at decrease price to the consumer, and with unparalleled transparency. This resolution is completely designed with one of the best curiosity of my traders in thoughts.”
Entry vital disclosures right here.
About Andersen Capital Administration
Peter C. Andersen, CFA, has managed cash for a variety of purchasers since 1993. He has direct expertise managing separate accounts and over 10 mutual funds all through his profession, together with IPOs for 2 NYSE-listed closed finish funds. Peter is also a columnist for Forbes journal and has written over 125 articles about common markets and funding suggestions for his or her Clever Investor function. Since 2006 he has appeared on CNBC and Fox Enterprise Information to debate market methods and investments and is recurrently quoted within the Wall Avenue Journal, Barron’s, Monetary Instances, and MarketWatch. Funding Advisory Providers provided by way of Built-in Advisors Community LLC (IAN) a Registered Funding Advisor.
Proteus is an alternate funding platform resolution. The Proteus Platform supplies entry to institutional-quality funding alternatives, together with non-public funds, different funding mannequin portfolios and sub-asset class swimming pools which make investments throughout the choice funding technique spectrum. Wealth advisors and their Accredited Investor and Certified Purchaser purchasers use the platform to analysis different funding managers and investments, evaluate due diligence supplies and assemble customized portfolios all on one platform, thereby eliminating vital hurdles and inefficiencies which have plagued different traders for many years. Proteus’ absolutely built-in platform is an end-to-end enterprise resolution which additionally supplies subtle portfolio development instruments, built-in & compliant portfolio accounting and consolidated Ok-1 processing.
SOURCE Proteus, LLC