Ramius Managed Futures Mutual Fund Added to Recommended List on Fortigent Alternatives Platform
NEW YORK--(BUSINESS WIRE)-- Ramius LLC ("Ramius"), the global alternative investment management business of Cowen Group, Inc. ("Cowen") (NAS: COWN) , today announced that the Ramius Trading Strategies Managed Futures Fund (Ticker: RTSIX, RTSRX) has been added to the recommended list of mutual fund products on the alternatives platform of Fortigent, LLC, a leading provider of high-net-worth solutions and consulting services to RIAs, banks and trust companies.
Ramius Trading Strategies Chief Executive Officer, William ("Bill") Marr said, "Being selected as one of the recommended mutual funds for Fortigent's fast-growing platform, following a rigorous due diligence process, is a testament to their confidence and trust in our products and services. Liquid alternatives are quickly becoming an important investment option for investors to diversify their portfolios, and we are excited about the opportunity to offer these products on Fortigent's highly selective platform."
Ramius recently published an in-depth view of the liquid alternative investment space with a particular focus on managed futures investing. Readers can access the white paper by clicking here: http://goo.gl/wMpDE.
RTS was founded in September 2009 and is an affiliate of Cowen Group, Inc. and Ramius Alternative Solutions LLC. RTS offers multi-manager products investing in independent managers in the managed futures and global macro space. All RTS products utilize RTS's managed account platform supported by RTS's proprietary risk and research systems as well as the operational infrastructure of Ramius.
Ramius Alternative Strategy Mutual Funds are distributed by Grand Distribution Services, LLC.
Fortigent, LLC delivers a fully integrated and customizable business-to-business outsourced wealth management solution to banks, trust companies, MFOs, and independent advisory firms. Services include a broad and open investment platform with particular expertise in alternative investments, a flexible unified managed account program, and consolidated wealth reporting. Fortigent's web-based portal interface allows access to proposal and rebalancing tools, client portfolio reporting and accounting, as well as industry articles, research papers, and other practice management and business development resources. Fortigent was acquiredin 2012 by LPL Financial Holdings Inc. (NAS: LPLA) . LPL Financial, a wholly owned indirectsubsidiary of LPL Financial Holdings Inc., is the nation's largest independent broker-dealer (based on total revenues, Financial Planning magazine, June 1996-2012). For more information, visitwww.fortigent.com.
About Cowen Group, Inc.
Cowen Group, Inc. is a diversified financial services firm and, together with its consolidated subsidiaries, provides alternative investment management, investment banking, research, and sales and trading services through its two business segments: Ramius and its affiliates make up the Company's alternative investment management segment, while Cowen and Company is its broker-dealer segment. Its alternative investment management products, solutions and services include hedge funds, replication products, managed futures funds, fund of funds, real estate, health care royalty funds and cash management services. Cowen and Company offers industry focused investment banking for growth-oriented companies, domain knowledge-driven research and a sales and trading platform for institutional investors. Founded in 1918, the firm is headquartered in New York and has offices located in major financial centers around the world.
About Ramius LLC
Ramius, the global alternative investment management business of Cowen Group, Inc., offers a broad range of investment solutions to institutions and private clients worldwide. Founded in 1994, Ramius and affiliates manage $11.5 billion (as of July 1, 2012) across multiple asset classes and investing styles. A significant portion of Cowen's proprietary capital is managed by Ramius in strategies alongside our clients.
Sard Verbinnen & Co
Dan Gagnier/Carissa Ramirez
KEYWORDS: United States North America New York
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