INGHAM, Mass.--(BUSINESS WIRE)--Crow Point Partners, an investment advisor providing global alternative investment management solutions, today announced that it had entered a strategic partnership with FlowPoint Capital Partners. The two Boston-based boutique managers will collaborate on existing and future product development. Additionally, Crow Point will provide FlowPoint with an outsourced operations platform.
Charles Trafton, FlowPoint’s founder, said of the new relationship with Crow Point, “Infrastructure costs impose a large burden on boutique firms like ours. By utilizing Crow Point’s operations expertise, we can direct more resources toward the investment management process, which will be a significant advantage for our investors. We also look forward to developing and launching additional products together.”
According to Crow Point CEO Peter DeCaprio, “The technology solutions available to large institutional investment managers today have revolutionized fund operations. However, they are extremely expensive. We can level the playing field for small managers by offering a complete outsourced operations platform at a fraction of the cost of an in-house solution, freeing managers to focus on what matters – performance and asset raising. Also, we gain access to FlowPoint’s proven and successful investment process, which was honed at some of the largest investment management firms in the U.S.”
DeCaprio continued: “Partnering opportunities such as this help us achieve Crow Point’s objective of providing unique alternatives for the retail and institutional markets. We appreciate FlowPoint’s idea-driven and disciplined approach to investing - the team’s proprietary market research and strategies are also of great value.” As part of the strategic alliance, Crow Point has made a passive, non-voting minority investment in FlowPoint, and DeCaprio has been named a member of FlowPoint’s advisory board.
About FlowPoint Capital Partners
FlowPoint Capital Partners, LP is an independent investment management firm committed to the asset management needs of institutions, family offices and entrepreneurs. Known for our research-driven investment process and high-touch client service, we welcome inquiries at ctrafton@flowpointcapital.com
www.flowpointcapital.com
About Crow Point
Crow Point Partners, founded in 2006, manages approximately $1 billion in assets in sub-advised mutual funds, proprietary mutual funds, SMA’s and private partnerships. Crow Point managers have been investing globally since 1994 in both the equity and fixed income markets, and with prior firms managed as many as 13 different strategies with over $65 billion in assets. The company offers global investment solutions in equity income, alternative or hedged equity strategies, and specialty fixed-income strategies. Additional information about Crow Point may be found at www.cppinvest.com
