Asset Management
Gulf Region Investment Firm Backs New Hedge Fund
A Bahrain-based investment firm called the Family Office Co. is providing financial backing for 3-Sigma Value Offshore, a new hedge fund that's domiciled in the British Virgin Islands and managed by New York-based 3-Sigma Value Investment Management.
"We believe that 3-Sigma Value is distinctive among long-short
equity managers in that their returns have historically been
uncorrelated with the overall market and they have consistently
generated alpha on the short side," says the Family Office Co.'s
chief executive Abdulmohsin Al Omran. "Their investment process
is transparent and repeatable, and the portfolio is highly
liquid."
The Family Office Co. bills its backing of 3-Sigma Value Offshore
as an example of its on-going efforts to diversify its portfolio
and offer its clients "access to talented managers around the
world," the firm says in a press release.
3-Sigma Value Offshore is audited by Anchin, Block & Anchin,
administered by Columbus Avenue Consulting and custodied by
Goldman Sachs.
The Family Office Co. caters to families, private clients, and
institutions on the Arabian side of the Persian Gulf. In addition
to Bahrain, it has an office in London.
3-Sigma Value, which launched in March 2007, employs a
deep-value, fundamental-based, long-short investment strategy.