As per the partnership, Lighthouse Partners will have a minority equity stake in 361 Capital and access to its affiliated advisors and intermediaries.
361 Capital president and CIO Brian Cunningham expects to leverage Lighthouse Partners’ expertise in creating alternative investment products to expand the firm’s lineup of liquid alternative investment vehicles.
"We’re absolutely committed to providing our clients with a full suite of what we believe are well-engineered liquid alternative investment products," Cunningham said.
"I believe this new relationship will prove to be a win for everyone concerned."
Lighthouse Partners CEO Sean McGould said the company is impressed with 361 Capital’s team and knowledge of the alternative investment mutual funds
"And we share the same vision of developing investment funds that seek to provide clients with greater access to a broad range of alternative investments," McGould added.
Both firms, however, will continue to operate independently.
