Funds of Hedge Funds

Harcourt throws its weight behind third-party marketer


Harcourt Investment Consulting is backing a new third-party marketing company called Polaris Investment Advisory. The new Zurich-based firm has been founded by Claus Hilpold, who has been working for Harcourt since 2004 and has been leading its business development efforts in Germany and Austria.

Polaris will market, distribute and service independent alternative asset managers. It will focus on single manager solutions for a selected range of relative value and directional investment strategies. These will initially include currency trading, volatility trading, multi-strategy commodities, power and emissions trading, distressed securities, short- and mid-term systematic trading and CTA trend-following.

By teaming up