Blueprint Capital Advisors Selects Gemini's Dedicated Managed Account Platform
Platform supports Blueprint's commitment to delivering institutional investors reasonable fees, transparency, and manager responsiveness
HAUPPAUGE, N.Y. and NEWARK, N.J., Nov. 7, 2018 /PRNewswire/ -- The Gemini Companies (Gemini) and Blueprint Capital Advisors (Blueprint), an investment firm focused on manager sourcing, due diligence and the structuring of investments in emerging managers and strategies, today announced that they will create a Dedicated Managed Account (DMA) offering. Through this structure, Blueprint's investors can benefit from reduced fees and implementation costs and increased transparency of their underlying assets – both of which are strategic imperatives for Blueprint and the clients they serve.
Gemini's DMA structure will provide a platform of managed accounts or funds dedicated to Blueprint's institutional investors and support a variety of investment types (e.g., traditional liquids, illiquids, and existing fund structures.)
Key benefits Blueprint's clients will receive by creating a DMA offering with Gemini include:
- Operational scale and reduced need for internal resources
- Reduction of manager fees and operational expenses
- Enhanced visibility into holdings with trade-level reporting
- Guideline monitoring of underlying managers and strategies
- A robust performance and risk reporting suite, providing transparency on a T+0 and T+1 basis
"At Blueprint, we are committed to offering creative solutions and customizable investment experiences that meet the needs of both our fund manager partners and institutional investors," said Jacob Walthour, Managing Principal at Blueprint. "Gemini's innovative DMA structure allows us to capitalize on this commitment by providing cost savings and transparency to our clients, while allowing us to keep focus on sourcing and structuring investments."
David Young, Gemini President, Solutions for Hedge/Alternative Funds, added: "In an environment of asset owners' heightened demand for transparency, control, and lower costs, smart OCIOs and consultants are actively seeking a way to deliver to the end investor. We are pleased that our structure allows Blueprint to fulfill its promise to provide value and cost savings to their clients."
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About Gemini
Since 1983, Gemini has been providing our partners an ever-expanding suite of services for their investment products, such as modern investor servicing tools, portfolio administration and accounting, comprehensive compliance programs, and guidance on regulations, auditing, and distribution. Gemini's consultative approach and culture of service helps managers and investors navigate and flourish in today's increasingly sophisticated and dynamic investment landscape.
Gemini provides a single, integrated solution that supports the launching and servicing of mutual funds, hedge funds, ETFs, private equity funds, variable annuity trusts, and state-sponsored 529 plans. We also offer customized structures designed to support the unique needs of pensions, endowments, and foundations.
Gemini is a subsidiary of NorthStar Financial Services Group, LLC, which has over 990 employees and over $802B in assets under management and administration as of September 30, 2018. For more information, please visit www.thegeminicompanies.com.
About Blueprint Capital Advisors LLC
Founded in 2015, Blueprint Capital Advisors LLC is a privately held investment firm that sources and structures opportunistic investments for investors. Blueprint's multi-manager platform provides investors access to emerging and niche strategies and managers in the areas of private credit, direct lending, specialty finance, royalties and real asset-backed lending and traditional hedge fund strategies. For more information, please visit http://blueprintllc.com/.
7814 GFS 11/6/2018
3265-GAF-11/06/2018
CONTACTS: |
FOR THE GEMINI COMPANIES: |
Jami Schlicher, - JConnelly |
|
P: (973) 850-7309 | E: [email protected] |
|
FOR BLUEPRINT CAPITAL ADVISORS: |
|
Amanda Klein, – Gasthalter & Co. |
|
P: (212) 257-4170 | E: [email protected] |
SOURCE Gemini
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