Emerging Asset Management’s $1B AuM
Emerging Asset Management Ltd. announced that it has “reached the milestone of $1 billion of assets under management.”
A spokesperson said, “EAM provides the services required to support managers investing alternative asset classes so that they can focus their time and resources on their trading strategies and build a successful record of accomplishment.
“EAM’s clients include new and established, small to medium sized fund managers looking to start an alternative investment fund [including hedge funds, private equity, property, commodities funds] and/or launch new funds. EAM serves both onshore US and offshore jurisdictions, guiding clients through the fund launch process covering all Legal, Fund Administration, Prime Brokerage and Domiciliation requirements.
“As the market requires a continued focus on costs by managers, EAM’s solutions offer clients an attractive and cost effective proposition, reducing their total expense ratio and facilitating access to the leading global service providers offering fund administration, accounting and investor reporting, legal and audit services.”
Bill Wiggin, Managing Director at EAM comments: “We are proud to announce that EAM has reached this landmark AuM goal, which success is testament to our innovative business model and attractive service offering. The growth in our AuM to $1billion is reflective of the success of our clients who use our platforms as a cost-effective way of building a fund, allowing them to focus on generating returns for their investors and growing their own AuM.
“Since we were founded in 2008, EAM’s dedicated and expert team around the globe have helped to relieve our clients of the administrative burden of establishing a new fund, allowing them to dedicate more time to the success of their investment strategies. We look forward to the continued growth of EAM and our clients’ success in 2021 and beyond.”