Bringing you live news and features since 2006 

Gottex Brokers expands secondary alternative investments broking business

RELATED TOPICS​

Gottex Brokers has opened its first office in the US, focusing on brokerage services in the secondary market for alternative investments through its specialised entity Gottex Brokers Alternative USA. 



Gottex Brokers Alternative USA (GBA USA), based in Los Angeles, will act as an intermediary between US institutional investors buying and selling secondary interests in hedge funds, private equity funds and real estate funds. It is a subsidiary of Gottex Brokers Alternative domiciled in Lausanne, Switzerland, whose dedicated and experienced team provides tailored broking services to the European and other non-US markets.
 
The secondary market for alternative investments enables sellers to address liquidity constraints caused by the extension or suspension of redemption periods and lock-ups. It enables holders of illiquid assets to reduce exposure to distressed assets and rebalance their portfolios and offers potential buyers access to limited partnership interests, limited liability company memberships or interests in other organisational forms.
 
Raphael Moreno, chief executive of Gottex Brokers Group, says: “We are very pleased to be expanding into the US, serving US clients directly on the ground as well as offering our customer base access to this exciting market. Volatility in the secondary markets for alternative investment shares has risen markedly in the past years and we have seen increased demand for investors to rebalance portfolios and to exit illiquid positions.”
 
GBA USA will be run by Bruno Bardavid, an experienced professional with more than 25 years of experience in financial services. Prior to joining GBA USA Bardavid developed the credit trading markets for Mizuho International and West LB, London.
 
Gottex Brokers Alternatives USA will manage relationships with hedge funds, funds of funds, family offices, third party asset managers, public entities and sovereign wealth funds, private and investment banks, investment advisors and pension funds. It is regulated by FINRA and the SEC.
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by