Palmer Square Emerging Manager fund has seeded Cypress Capital Management, a fundamentally driven, long/short investment firm based in San Francisco with $30 million. Cypress Capital Management is primarily focused on the global consumer/retail and technology, media and telecommunications sectors.
To do this Palmer Square Capital Management, manager of the Palmer Square Emerging Manager fund, has teamed up with Atlantic Asset Management and Montage Asset Management. In addition to securing strategic investment capital, the relationship provides Cypress with access to the distribution channels of Atlantic and Montage.
The agreement to invest in Cypress was done in partnership with Atlantic,