BNP Snags a Futures Mandate

Alternative mutual fund shop Equinox Fund Management, LLC has hired BNP Paribas Financial Services to administer its Frontier Fund, a public managed futures family of funds.

This is a three-peat for BNP, which in January was awarded administrative mandates for Equinox’s mutual fund offerings, including: MutualHedge Frontier Legends Fund, an actively managed, multi-advisor mutual fund with exposure to Commodity Trading Advisors, and the Equinox Alternative Strategy Platform, which comprises two mutual funds, featuring systematic and discretionary trading strategies.

"We've enjoyed a positive experience with BNP Paribas and believe they are the right choice to deliver the highest-quality administrative services for The Frontier Fund," stated Bob Enck, chief executive of Equinox.

The Denver-based firm managed $1.5 billion in assets as of April 30, 2012.

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