Broker-dealer Israel A. Englander and Co. is expanding its Prime Services division to cater more to emerging hedge fund managers and investors. It has also rebranded the division to Managed Accounts & Prime Services (MA&PS).
MA&PS will serve sub-$250 million hedge funds and investors, providing traditional prime brokerage services to funds that use separately managed account (SMA) structures.
The platform enables emerging hedge fund managers to operate a complex SMA infrastructure at a reduced cost. The platform is customizable with services including advanced data aggregation technology; customizable dynamic reporting; investment compliance and surveillance; real-time risk and analytics; portfolio strategy and advisory; EMS/OMS applications; access to multiple execution venues; a multi-prime platform; integrated allocations module; a centralized asset-raising community; legal, administrative, tax/audit network; and mobile compatibility with real-time alerts.
The platform also offers solutions to investors seeking access to emerging asset managers, allowing them to allocate capital through the self-directed managed account program.
“MA&PS is a dynamic innovation that is the first of its kind enabling hedge fund managers and investors to utilize comprehensive and value-added services on a single customizable technology platform that will give them competitive and strategic advantages in todays rapidly changing and increasingly complex environment, says Stephen Tobias, president of I.A. Englander.
(CG)