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.