Sourcing, Evaluating, And Monitoring Private Alternative Investments For Your Portfolio
In 1996, more than 7,400 companies were listed on U.S. stock exchanges. Today, that figure is less than half that number, as many more companies choose to remain private. HB started investing in private alternative investments outside of traditional stocks and bonds back in the early 1990s and has grown to be one of the leading independent RIA firms focused on these investments. Over $900 million of the assets under management at HB are invested in private alternatives, and the firm has a dedicated team of investment analysts who source, evaluate, and monitor private investments.
Private alternative investments can include direct:
- Real Estate Investments
- Private Equity Funds
- Private Energy Funds
- Private Debt Funds
- Hedge Funds
- Venture Capital Funds
- Distressed Opportunity Funds
HB’s Chief Investment Officer is the leader of the Atlanta Institutional Investor group, a collection of major institutional investors focused on the private alternative space. We have access to a wide range of institutional brand name firms as well as smaller niche players, including funds on the platforms of other wealth managers. Because we are a fiduciary independent firm, our clients know that our recommended investments are not driven by a motivation to “sell” a specific investment. We are on the same side of the table with the client, pushing hard to reduce manager fees and minimum investment levels to benefit our clients.
For clients who may not be able to meet the minimums of some private funds, HB assembles internal funds of funds (with no extra management fee or incentive fee of any kind) for our clients to help them invest in a diversified portfolio of alternative strategies. HB also manages a multi-strategy hedge fund of funds (Peachtree Alternative Strategies) for clients where the inclusion of a more “absolute return” type of strategy makes sense in their diversified portfolio. HB clients do not pay extra for these funds and HB has no financial incentive for clients to invest in them. We have created nine prior fund of funds investment vehicles since 2000 with 100+ manager relationships inside those funds.