Denver-based Whitebox Advisors, the $2.3 billion asset management firm founded by Andrew Redleaf, is making a concerted push into the RIA channel with the help of third-party marketing firm Havener Capital Partners LLC.

Whitebox Mutual Funds' flagship fund, Whitebox Tactical Opportunities, invests in a variety of securities including equities, debt, convertible securities, and derivatives, often employing classic "hedge fund" strategies.

"We have been patiently waiting for best-of-breed hedge fund firms to launch mutual fund products," stated Stacy Havener, president of the Providence, R.I.-based marketing shop. "RIAs have told us that they are looking for liquid alternatives and that they are looking for 'something different.”

Hung Tran writes for Money Management Executive.



Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access