Agecroft Partners has acquired the business of Alta Via Advisors, a New York based hedge fund third party marketing boutique. Alta Via Advisors’ client base will be migrated over to Agecroft Partners and Andrew Feldman, Alta Via’s founding principal will join Agecroft Partners’ team in a senior management role where he will be responsible for all European operations as well as parts of North American client coverage. He will also be responsible for helping the firm with hedge fund due diligence, creating hedge fund industry research white papers and helping guide the overall vision of the firm.
Andy Feldman brings more than 30 years of experience in the financial industry where he developed a strong understanding of global capital markets, hedge fund strategies and institutional investors. Andy’s in-depth knowledge of a wide variety of investment strategies fits with Agecroft Partners core philosophy of providing value in multiple ways to investors. This includes sharing advice regarding hedge fund asset allocation, manager selection, hedge fund industry trends and being the liaison between investors and the select hedge funds that have made it through their due diligence process. In addition,
“Andy has a reputation of high integrity and strong ethical standards which are vital characteristics to build the long term reputation of our firm,” stated Agecroft Partners’ Managing Partner Don Steinbrugge.
When asked what he found attractive about Agecroft Partners, Feldman noted
“Don Steinbrugge has shown real leadership in the ever-evolving world of hedge funds. He and his colleagues have successfully built Agecroft’s global brand and they use those same skills to help bring their hedge fund clients to market. Their disciplined adherence to market best practices in evaluating and choosing the hedge funds they represent, adds significant value to institutional investors’ hedge fund selection process. I am certainly looking forward to joining this team.”
Agecroft Partners believes there is consolidation within the third party marketing industry, where the top firms in the industry are raising a disproportionate amount of the industry assets. These top firms are typically able to attract higher quality hedge fund firms, because of their institutional infrastructure and industry reputation. As a result, Agecroft Partners will continue to look for additional strategic acquisitions in the future.
Agecroft Partners was founded in 2007 with the thesis of creating an institutional quality hedge fund consulting and third party marketing firm. Since its founding, Agecroft Partners has been selected six years in a row as the Third Party Marketer of the Year by a major hedge fund industry organization. Agecroft utilizes an institutional due diligence process when evaluating hedge funds and represents less than 1% of the hedge funds that the firm analyzes. Agecroft strives to be a thought leader in the hedge fund industry and frequently writes white papers relative to trends they see by leveraging the knowledge they gain through the thousands of investors they are in contact with on a regular basis. These investors include pension funds, endowment funds, foundations, insurance companies, private banks, fund of funds, family offices, investments consultants and sovereign funds located globally, Additionally, Agecroft has emerged as one of the most sought after firms by industry conferences and the media for the company’s views on the hedge fund marketplace and institutional investors. Members of the Agecroft Partners team, in addition to being a co-founder of Hedgeopolis, have spoken at over 100 alternative investment conferences, appeared in hundreds of industry articles and are regular guests on business television.
Agecroft Partners is a licensed broker-dealer, registered with the Securities and Exchange Commission (SEC) and is a member of The Financial Industry Regulatory Authority (FINRA), member SIPC and a member of The National Futures Association (NFA).