BOSTON, November 21, 2016 — Crow Point Partners, LLC (“CPP”) and FlowPoint Capital Partners (“FlowPoint”) today announced a strategic partnership. The two Boston-based boutique managers will collaborate on existing and future product development, and Crow Point will provide FlowPoint with an outsourced operations platform.
The two firms entered into an operations agreement whereby Crow Point will provide FlowPoint with comprehensive middle and back office operations systems and business processes. FlowPoint managing partner Charles Trafton commented, “Crow Point can level the playing field for boutique managers like us 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.”
“We appreciate FlowPoint’s idea-driven and disciplined approach to investing – the team’s proprietary market research and strategies are of great value,”said Peter DeCaprio, Co-Founder and CEO of Crow Point. As part of the strategic alliance, Crow Point has made a passive, non-voting minority investment in FlowPoint, and DeCaprio has been named a member of FlowPoint’s advisory board.
Trafton and FlowPoint Managing Director Paul Fusco will work closely together with DeCaprio to build on the strategic partnership. “We are excited to have Charles and Paul on board,” DeCaprio continued. “Partnering opportunities such as this help us achieve Crow Point’s objective of providing unique alternatives for the retail and institutional markets.”
About FlowPoint Capital Partners
FlowPoint Capital Partners, LP is an independent investment management firm committed to the asset management needs of institutions, family offices and entrepreneurs. Known for our research-driven investment process and high-touch client service, we welcome inquiries at firstname.lastname@example.org www.flowpointcapital.com
About Crow Point
Crow Point Partners, founded in 2006, manages approximately $1 billion in assets in sub-advised mutual funds, proprietary mutual funds, SMA’s and private partnerships. Crow Point managers have been investing globally since 1994 in both the equity and fixed income markets, and with prior firms managed as many as 13 different strategies with over $65 billion in assets. The company offers global investment solutions in equity income, alternative or hedged equity strategies, and specialty fixed-income strategies. Additional information about Crow Point may be found at www.cppinvest.com