Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures

Partners Group sells managed account platform to Sciens Capital Management


Partners Group, which pulled out of fund of hedge funds investing a while ago, has sold its managed account business to Sciens Capital Management in a cash and earn-out transaction. Partners Group Fund Services operated a Guernsey-based platform of hedge fund managed accounts, which is regulated by the Guernsey Financial Services Commission.

Managed accounts are popular these days as investors are looking for ways to invest in hedge funds without buying interests or shares in a pooled investment vehicle such as a limited partnership or corporation. Instead, they place capital in a segregated account that resides with a