A partnership of industry participants in the investment consultancy and alternative asset sectors have created an independent investment platform for investors and hedge fund managers.
The ClearVest founders are comprised of a trio. HedgeACT, an alternative asset management platform founded by Michael Griffin, will provide the technology for the portfolio solution, while The Alpha Cooperative will provide personnel, risk management, middle- and back-office services.
Clearbrook Global Advisors, a privately held, independent investment management firm, will provide the proprietary research and due diligence capabilities via an exclusive licensing agreement.
“ClearVest offers a total, comprehensive solution for investors that includes alternatives but is built for the full spectrum of asset allocation and strategies that comprise a truly diversified portfolio,” said Griffin, who is CEO and board member at ClearVest.
"Focused specifically on investors, ClearVest offers the marketplace a non-conflicted, independent, and flexible intersection between embedded research, access to top tier alternative managers at lower minimums, custom reporting, and the ability to upload existing traditional/long-only portfolio data, managers and strategies to the portal."
"This unique feature enables an investor or advisor to analyse how the addition of alternatives to a long-only portfolio may positively impact quantitative factors, including risk adjusted performance.”
ClearVest was developed for institutional investors, qualified purchasers, and wealth advisors. In addition to Griffin and Wislar, the management team will be led by co-founder and board member Charles Zaffuto, currently the CEO and co-founder of The Alpha Cooperative. He will serve as COO.