Strategy

Asset Manager Launches In Bermuda

Robbie Lawther Assistant Editor 22 October 2018

Asset Manager Launches In Bermuda

The new firm's leadership team was previously at Point72, Morgan Stanley, Goldman Sachs, CITIC and Balyasny.

A global asset management firm, Alpha Innovations, has launched in Bermuda. 

The firm's leadership team has decades of experience at asset management, institutional investing, and fintech firms such as Point72, Morgan Stanley, Goldman Sachs, CITIC and Balyasny, it said in a statement.

Alpha Innovations will aim to identify unique sources of alpha in investment strategies, isolate and extract that alpha, and deliver it to its investors (institutional investors, high net worth individuals, and family offices) through a framework that enables institutional investors to fulfil their fiduciary responsibilities. This includes addressing such investment imperatives as transparency, custody/control of assets, fee efficiency, liquidity, risk management, and strict regulatory compliance.

"A key lesson from my 12 years at Point72 was never to compromise on the talent, which is one of the basic tenets on which we are building Alpha Innovations. Our management team has worked in the financial markets through numerous up and down cycles and is also well versed in the potential of blockchain technology," said Lawrence Newhook, chief executive and president, of Alpha Innovations. "We've built an asset management firm that solves many of the legacy issues that make traditional asset management funds unappealing. We are ready to lead the industry into the future and provide compelling investment options that inspire institutional investors to put their capital to work."

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