Crow Point Partners (CPP), an investment advisor providing global alternative investment management solutions, has entered a strategic partnership with Cold Creek Capital (Cold Creek).
The two Boston-based boutique managers will collaborate on existing investment strategies. Additionally, Crow Point will provide Cold Creek with an outsourced operations platform.
Thomas Norton (pictured), one of Cold Creek’s founders, says: “Infrastructure costs are a burden on boutique firms like ours. By utilising Crow Point’s operations expertise, we can direct more resources toward the investment management process which will benefits our investors. We also look forward to being able to utilise Crow Point’s proprietary research and risk management tools.”
Crow Point CEO Peter DeCaprio, says: “We can level the playing field for small managers by offering a complete outsourced operations platform at a fraction of the cost of an in-house solution, freeing managers to focus on what matters – performance and asset raising. Also, we are looking forward to gaining access to Cold Creek’s differentiated growth stock research and adding Cold Creek strategies to our product lineup.”
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