Back Office & Operations Technology & Risk Management

New firm SphereInvest goes live with ‘Hedge Fund in a Box’


SphereInvest, a new investment firm working across global high-yield, distressed debt emerging credit and private equity, has implemented a newly-launched software product called ‘Hedge Fund in a Box’ to improve risk exposure and visibility while reducing its administrative burden.

Hedge Fund in a Box is offered by Formicary, a software and system integration provider, and fund administrator Equinoxe Alternative Investment Services. SphereInvest went through a six-month RFP process before opting for Hedge Fund in a Box.

“As a specialist hedge fund it is imperative that we build the business by playing to our strengths, namely our trading, investment