Our business is very straight forward; we create customized hedge fund portfolios for individuals, endowments and foundations that have at least $10 million to place into the hedge fund asset class.

Generally, we work with high net worth individuals, but we will also work with foundations and endowments when there is a good fit.

We are different from Fund of Funds in a number of ways, but perhaps most importantly, our hedge fund portfolios are custom-built for the needs and objectives of each specific client. Additionally, unlike some FoFs, we do not leverage our positions, nor invest in managers that take excessive leverage.

We review hundreds of funds each year, searching out the best of breed in most of the hedge fund strategies. There are many strategies, such as quantitative funds, where we simply won’t invest in, so that will eliminate many. For those where we have an interest, we do a thorough review of their business, looking not only at performance, but also risk levels, use of leverage, liquidity, operating procedures, and importantly, we get to know the Principals personally. For a fund to be part of our core manager platform, we will need to have significant conviction in them as good people, good managers, and good investors.

Yes, we have a global client base.

Given that most hedge funds have a minimum investment of $1million, to create a properly diversified portfolio, one should have at least ten funds included in the portfolio. So, at $10 million we can do a good job. At $15 million, we can do a better job. Our average account size is $24 million.

Virtually all of our clients had pre-existing hedge fund positions prior to becoming Cook Pine clients. If requested by the client, we can tailor our portfolios around those existing positions, ensuring proper diversification and balance. In all cases, whether client or not, we are always willing to review an investor’s hedge fund positions to provide feedback on the holdings, and where appropriate, provide guidance.

No. We are 100% objective with no conflicts whatsoever. We receive no financial or other special consideration from any of the parties with whom we deal. Fees from our clients are our only source of income.