Advised a long-only, fundamentals-oriented investment manager on launching a new fund. The firm currently manages approximately $3.5 billion in assets.
Solidus delivered:
• Critical pathway for entry into the investment advisory business.
• Advice on office and technology infrastructure.
• Established compliance protocols.
• Guidance through the process of becoming registered investment advisor, securing registration in less than 60 days.
• Identified, interviewed, and hired COO and heads of operations, compliance, administration and trading.
Fundamentals-Oriented Investments
Strategy Oriented
Developed new strategy for a value-oriented hedge fund with $150 million in assets under management.
Solidus delivered:
• A recommendation to leave prime broker Lehman Brothers in order to secure better than Regulation T leverage. (Lehman held customer assets in UK, where there is no customer protection rule, which in turn impacted the client’s rating.)
• Identified and assisted client in establishing a new prime brokerage relationship.
Advised the wholly-owned US institutional brokerage subsidiary of one of the world’s largest banks, which is publicly traded in China, on expanding its North American presence.
Solidus delivered:
• Building relationships with various North American institutional investors.
• More effective web presence.
• Guided the subsidiary in navigating the FINRA charter and the FINRA Continuing Membership Application process.
Served as interim president for an Israeli-French owned ATS to work with FINRA
Solidus delivered:
• Worked with an ATS to get them successfully through the FINRA NMA process.