The multi-strategy alternative solution will be an addition to Hancock’s traditional investment platform.
While the multi-strategy alternative solution will be marketed by Hancock investment advisors to the existing clients and contacts, PPB will handle administration, operations and reporting, while Spouting Rock will create and manage the fund.
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Erich Hickey, Spouting Rock’s chief investment officer remarked, "We considered numerous offerings, from fund of funds to single strategy funds to liquid mutual funds, but following extensive review, determined that a customized vehicle was the only solution that properly met client requirements."
Hancock is an investment advisory firm that is focused on attaining the diverse goals and objectives of its retail clients, specifically individuals, families, and businesses.
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