New York (HedgeCo.Net) – Alternative Capital Advisers, LLC and The Kingdom Trust Company announce a strategic relationship in which Kingdom will custody investments by IRA owners in alternative strategies through ACA’s Master Select Fund.
Alternative Capital Advisers, LLC (ACA), a provider of customized hedge fund portfolios, and The Kingdom Trust Company, a premier alternative asset custodian, announce a strategic relationship in which Kingdom will custody investments by IRA owners in alternative strategies through ACA’s Master Select Fund.
“Kingdom Trust serves as the custodian for investors who wish to use their IRAs to invest in alternative assets like hedge funds. Our two companies now enable individual investors and investment advisers to create a diversified portfolio of top performing hedge funds through one simple allocation utilizing IRA funds,” said Kingdom Trust vice president of business development James Jones. “ACA will open up more opportunities to investors who wish to invest in this burgeoning asset class.”
“Hedge funds can clearly enhance an investor’s portfolio and offering them in a tax efficient vehicle makes great sense,” said Gib Dunham, CIO of ACA. He added, “our platform makes available top tier managers who have proven they can generate investment alpha and manage risk appropriately.”
Kingdom Trust has a focus on institutional custody for investment advisers and wealth managers as well as for self-directed IRA accounts. These account owners can now get access to leading hedged strategies should they be interested in such investments.