Sioux Falls, SD, June 05, 2014 --(PR.com
)-- Alternative Capital Advisers, LLC (ACA), a provider of customized hedge fund portfolios, and The Kingdom Trust Company, a premier alternative asset custodian, announce a strategic relationship in which Kingdom will custody investments by IRA owners in alternative strategies through ACA’s Master Select Fund.
"Kingdom Trust serves as the custodian for investors who wish to use their IRAs to invest in alternative assets like hedge funds. Our two companies now enable individual investors and investment advisers to create a diversified portfolio of top performing hedge funds through one simple allocation utilizing IRA funds," said Kingdom Trust vice president of business development James Jones. "ACA will open up more opportunities to investors who wish to invest in this burgeoning asset class."
"Hedge funds can clearly enhance an investor’s portfolio and offering them in a tax efficient vehicle makes great sense," said Gib Dunham, CIO of ACA. He added, "our platform makes available top tier managers who have proven they can generate investment alpha and manage risk appropriately."
Kingdom Trust has a focus on institutional custody for investment advisers and wealth managers as well as for self-directed IRA accounts. These account owners can now get access to leading hedged strategies should they be interested in such investments.
About Alternative Capital Advisers, LLC
Alternative Capital Advisers is an SEC registered investment adviser that manages a limited partnership investment vehicle, the ACA Master Select Fund. ACA created an innovative model that maximizes investment flexibility at no additional cost to the investor. Based on a series structure, each investor in ACA’s fund can create their own customized portfolio of world-class hedge funds. Clients benefit from uncorrelated returns without the additional layer of fees. For further information, contact Jamie Caputo at 646-227-5593.
About Kingdom Trust
The Kingdom Trust Company is a South Dakota chartered public trust company that specializes in the custody of alternative assets in Individual Retirement Accounts (IRA). It is a passive, non-discretionary custodian that does not provide tax, legal or investment advice. In addition, it does not provide, promote or endorse any investment products and does not promote or endorse any investment sponsors or investment advisors.
The content of this press release is provided for educational and informational purposes only and for no other purpose.
James A. Jones
VP Business Development
Kingdom Trust Co.
Jamie Caputo Founder and Managing Partner
Alternative Capital Advisers, LLC