12/10/2011 Author: Elana Margulies

Big River Capital FoHF seeks strategic partner

Big River Capital Corporation, a Mississippi-based fund of hedge funds (FoHF) manager, is seeking a strategic partnership for its maiden offering, HFMWeek has learned, as it looks to exchange a portion of the business for an initial seed investment.  

The product, called Big River Risk Managers Fund, would be open to a deal from any type of investor and would give up equity, revenue or both, to help reach its $1bn capacity.

“I am looking for a visionary strategic partner with the know-how to create a business around this battle-tested and proven concept in order to take it from infancy to critical mass,” said Bill Robertson, managing partner.

The FoHF, which launched in January 2008, allocates to a concentrated number of best-of-breed risk managers, with a bias toward long/short strategies.

Prior to Big River, Robertson founded Robertson Financial Services in 2001, a hedge fund consulting and marketing business.

The offering has a $250,000 investment minimum with fees of 50bps for management and 15% for performance. Investors can redeem quarterly with a 90 days’ written notice.