New York, NY – Ramius Fund of Funds Group LLC, an investment adviser that provides discretionary investment management services to U.S. and international clients in the alternative investment space and Hatteras Capital Investment Management, LLC, a provider of unique alternative investment solutions for financial professionals, today announced that they have entered into a joint venture to develop and manage an institutional quality fund of funds product for the U.S. financial adviser market. Preliminary registration statements for Hatteras Ramius 1099 Fund and Hatteras Ramius 1099 Institutional Fund were filed on March 27, 2009.
Thomas W. Strauss, Chief Executive Officer of Ramius Fund of Funds Group and a Managing Member of Ramius LLC, stated, "We are very pleased that Hatteras has chosen to partner with Ramius to develop alternative investment products for their client base. David Perkins, Bob Worthington and the rest of the Hatteras professionals are of the highest caliber. They have a history of identifying client needs and developing partnered solutions to deliver targeted products that can help clients pursue their investment objectives. The timing of this venture coincides with what we believe is an excellent opportunity set in alternative investments and we look forward to working with Hatteras to bring innovative fund of funds products to a broader universe of clients.”
David B. Perkins, CEO of Hatteras Capital Investment Management, LLC, stated, “We are tremendously excited to partner with Ramius. Their due diligence process is incredibly thorough, encompassing deep focus on manager research, legal, accounting, operations and risk management. We are quite impressed by the quality, strength, and experience of the Ramius team. Working closely with Tom Strauss, Stuart Davies, Chief Investment Officer, Vikas Kapoor, Head of Risk Management and Portfolio Construction and Hiren Patel, Head of the Portfolio Solutions Group, gives us great confidence in the institutional processes and quality that this venture can offer to Hatteras’ advisory partners.”
About Ramius Fund of Funds Group LLC
Ramius Fund of Funds Group LLC is a joint venture between Ramius LLC and Bayerische Hypo-und Vereinsbank AG and provides discretionary investment management services to U.S. and international clients in the alternative investment space.
About Ramius LLC
Ramius LLC is a registered investment advisor that manages assets in a variety of alternative investment strategies. Ramius LLC is headquartered in New York with offices located in London, Tokyo, Hong Kong, Munich, and Vienna.
About Hatteras Capital Investment Management, LLC
Hatteras strives to be a world-class provider of unique alternative investment solutions for financial professionals. Hatteras and its affiliated entities were founded in 2003 to give investors the ability to access institutional-quality alternative investments with confidence. Hatteras partners with alternative investment teams whose unique skill, experience and investment focus enable us to design, structure and deliver investment products that solve specific portfolio needs. We empower investors by delivering the strategies, managers, process discipline and quality that are typically only available to portfolios with more than $1 billion in assets.
