News & Updates
Agreement brings London-based asset manager to the United States and adds to Palmer Square’s family of alternative investment managers.
They say the rich get richer. Well, of course they do! Their exist- ing wealth buys them access to a class of financial tools and advisors that is simply not available to oth- ers. For instance, like many other elite firms, Palmer Square Capital Management has, since its founding, offered its services only to high-net-worth investors and institutional clients, says President Chris Long.
Palmer Square Capital Management, a manager of hedge fund-of-funds partnerships and customized alternative investment solutions, today announced the introduction of the Palmer Square Absolute Return Fund, its first open-ended mutual fund. Launched in partnership with Montage Investments, the objective of the Fund is to seek capital appreciation with an emphasis on absolute (positive) returns and low correlation to the broader equity and bond markets. The Fund offers investor and institutional share classes, trading under the symbols PSQAX and PSQIX, respectively.
Palmer Square Capital Management, in partnership with Atlantic Asset Management and Montage Investments, today announced that the Palmer Square Emerging Manager Fund, LP has provided $25 million of capital for a seed investment with Millstreet Capital Management LLC, a long/short credit hedge fund manager. In addition to securing strategic investment capital, the relationship provides Millstreet with access to the distribution channels of Atlantic and Montage.
Palmer Square Capital Management, in partnership with Atlantic Asset Management and Montage Investments, today announced that its Palmer Square Emerging Manager, LP has provided $30 million of capital for a seed investment with Cypress Capital Management, a fundamentally-driven, long/short investment firm based in San Francisco, CA, primarily focused on the global consumer/retail and technology, media and telecommunications sectors. In addition to securing strategic investment capital, the relationship provides Cypress with access to the distribution channels of Atlantic and Montage.
Palmer Square Capital Management today announced the appointment of Angie Knighton Long, CFA, as the firm’s chief investment officer. A member of the advisor’s Investment Committee, Long has key responsibilities for all investment-related activities, with a particular focus on portfolio and risk management. She joined the firm in February 2011.
The views expressed are those of the author at the time created. They do not necessarily reflect the views of other persons in the Palmer Square organization. These views are subject to change at any time based on market and other conditions, and Palmer Square disclaims any responsibility to update such views. No forecasts can be guaranteed. These views may not be relied upon as investment advice or as an indication of trading intent on behalf of any Palmer Square portfolio.