Mergers & Acquisitions / Joint Ventures

WR seals strategic deal with Duff & Phelps and Harcourt to boost transparency

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WR Managed Accounts, a private provider of managed account and technology solutions for hedge fund investments, has formed a strategic partnership with Duff & Phelps, a financial advisory and investment banking services firm, and Harcourt Investment Consulting, a Zurich-based alternative asset management company. The firms plan to develop unique technology-based solutions that provide transparency for hedge funds and their investors.

Concurrently, Duff & Phelps and Harcourt, which is part of the Vontobel Group, a Swiss private bank, have made equity investments in WR.

WR, which is based in Stamford, Connecticut, provides institutional managed account solutions for hedge fund