Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures

Lighthouse breaks managed account mould

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Lighthouse Partners has converted the majority of its assets into managed accounts and joined firms such as Lyxor Asset Management and Innocap in running large managed account platforms. The structure is now in place for Lighthouse to control assets, diversify counterparties and manage daily, position-level information.

Unlike other platforms that are built primarily for access, however, Lighthouse is using managed accounts to improve portfolio management. Today, the firm has more than 70 managed accounts representing more than $2 billion across a wide spectrum of strategies and managers, and it is adding to that number each month.