Investments

Hatteras PE Intelligence Fund available on RIA platforms

Hatteras Funds’ PE Intelligence Fund (HPEIX) is now available to financial advisors who use the mutual fund platforms at Charles Schwab, TD Ameritrade, Fidelity and Pershing.

The Hatteras PE Intelligence Fund, which launched on 13 November 2013, is a daily liquid alternative to private equity that is designed to provide access to returns similar to those that may be achieved through a global, broad-based investment in private equity buyout funds on a committed capital basis.
 
It is a turnkey solution for potential return enhancement based on proprietary buyout deal intelligence.
 
Through an exclusive relationship with Preqin, an alternative investment data provider, the fund allocates to both publicly available stocks and global currencies based off of the sector, market cap, currency and timing of the real-time deal activity they provide. In addition, the fund targets both the returns of capital invested in private equity buyout funds as well as a risk-free rate of return for the proportion of capital that has been committed but is not yet funded.
 
Michael J Hutten, president of distribution, says: “We are excited to make the fund available to financial advisors and their clients. This product is the first US product to offer investors the opportunity to benefit from the potential return enhancement qualities of private equity through a daily liquid alternative mutual fund. It demonstrates Hatteras’s commitment to designing and delivering unique alternative investment solutions to our clients.”

Further reading



Upcoming events

4 weeks 3 days from now - Hong Kong
4 weeks 3 days from now - Ulaanbaatar
4 weeks 4 days from now - Dublin
5 weeks 2 days from now - California
5 weeks 2 days from now - California

Upcoming training

Sun, 24/08/2014 (All day) - Dubai
Wed, 10/09/2014 (All day) - London
Mon, 29/09/2014 (All day) - London