Custom Design Portfolios
Offering qualified investors tailored multi-manager, hedge fund portfolio structuring and consultations.
Custom Design Portfolios
Commerce Asset Management utilizes its deep experience in multi-strategy, multi-manager hedge fund consulting to assist larger clients in allocating capital directly to hedge funds.
CAM works closely with the client to understand the goals and parameters of the alternative allocation. CAM can act in capacities ranging from providing strategic advice to full discretion over the assets. In all instances, the client is kept informed of all portfolio activity with the assets remaining in the client’s name. CAM tailors its recommendations to each client in attempt to give each client the best options to achieve their needs.
CAM’s CIO has advised private clients and institutions on custom design portfolios ranging in size up to $5 billion.
Full Service – In a full service relationship, CAM is given discretionary management, which is subject to an agreed upon Investment Policy Statement that is created in conjunction with the client. The assets may be placed in a limited partnership where the client is the Limited Partner or a limited liability corporation where the client is the sole member. In all instances, the client may retain ownership of the assets as it is the only investor in each entity. CAM acts in the capacity as a fund of funds manager, executing all documents, making allocation decisions, sourcing, hiring, and firing, managers and service providers, and maintaining compliance with regulatory matters.
Gold Service (recommended for clients with little hedge fund experience or little support staff) – In a gold service role, CAM assists the client in the creation of the Investment Policy Statement and goals and objectives of the portfolio. In addition, CAM assists in manager sourcing and due diligence, and portfolio construction, including strategy allocation and manager selection, monitoring, and position sizing. CAM will also assist in matters dealing with the service providers and performance monitoring. The client is responsible for final decision-making, execution of documents, and wiring of funds.
Silver Service (recommended for sophisticated clients with hedge fund investing experience and staff support) – In a silver service role, CAM assists the client in the creation of the Investment Policy Statement and goals and objectives of the portfolio. In addition, CAM will assist the client in portfolio strategy decisions and top level manager due diligence. The client is ultimately responsible for full due diligence on managers and all aspects of the investment process. CAM will monitor performance of the managers and the portfolio and continue to provide strategic advice going forward.