BNP Paribas mandated for Equinox fund 06 June 2012Princeton Reporter: Georgina Lavers
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BNP Paribas will provide administrative services for the Frontier fund. The fund is owned by Equinox Fund Management, a US alternative investment manager with approximately $1.5 billion in assets under management.
The mandate follows Equinox's selection of BNP Paribas in January 2012 for administrative services of its mutual fund offerings, including MutualHedge Frontier Legends fund, and the Equinox alternative strategy platform.
The solution BNP Paribas created for the Frontier fund simultaneously calculates daily equity and trading notional value for each managed futures trading company utilized by the fund.
"We've enjoyed a positive experience with BNP Paribas and believe they are the right choice to deliver the highest-quality administrative services for our fund," said Bob Enck, CEO of Equinox. "BNP Paribas has raised the industry standard and continues to provide us with independent, best-in-class fund administration services."
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