BALA CYNWYD, Pa., June 6, 2016 /PRNewswire/ -- Context Asset Management, a provider of alternative mutual funds for retail and institutional clients, today announced the expansion of its leadership team with the addition of Matt Rowe as Chief Strategy Officer. Mr. Rowe brings nearly 20 years of multi-asset class investing and corporate strategy experience across alternatives to this new role at the firm, where he will oversee several key functions, including investments, strategy, risk management, distribution, operations and marketing.
Mr. Rowe will also join Context Capital Partners' ("Context") leadership team. Context is an alternative specialist that launched Context Asset Management, and Mr. Rowe will be reporting to Ron Biscardi, Co-Founder and Chief Executive Officer of Context Capital Partners ("Context"), and John Culbertson, President and Chief Investment Officer of both Context Asset Management and Context Capital Partners. His appointment strengthens Context's senior leadership team, which expands to nine professionals and brings a combined 235 years of experience working together since the firm started in 2005.
Since 2013, Context has completed a series of strategic steps to build an alternatives specialist platform that supports managers with differentiated strategies across both liquid and illiquid markets. Recent highlights include diversifying its investment products to the growing area of alternative mutual funds, launching Context Summits to connect allocators and fund managers and acquiring Jensen Partners, a global recruiting firm that advises and executes in the sourcing of strategic recruitment of leading capital raising executives.
"Matt's addition represents a key milestone in the evolution of the Context brand and his background is completely aligned with the culture of our firm," said Mr. Biscardi. "Given our diverse business lines, which range from traditional hedge fund portfolios to liquid alternative mutual funds to hosting summits that introduce managers to allocators, Context Capital Partners offers a unique perspective on the alternative investments universe."
Context's long-term growth strategy includes managing its current offerings and adding both single and multi-manager alternative mutual funds to its platform. In the fourth quarter of 2015, the firm launched Context Macro Opportunities Fund (CMOTX), which seeks to obtain total returns with low correlation to the broad financial markets by using arbitrage and alternative investment strategies. First Principles Capital Management, a Registered Investment Advisor and a wholly-owned subsidiary of American International Group, serves as the subadviser for the Fund.
Mr. Culbertson added, "Matt brings considerable leadership and investment management experience to Context and will play a critical role in the continued growth of our investment platform. His experience and network will serve us well as we analyze new investment products and strategies and seek to educate investors and financial advisors on our public and private offerings."
In his nearly two decades of experience, Mr. Rowe has focused on portfolio management, business management, trading, corporate development business development and operations functions. Prior to joining Context, Mr. Rowe served as Head of Liquid Strategies at Achievement Asset Management, where he was responsible for all aspects of business development, portfolio management, compliance, operations and investor relations. He also held positions as Portfolio Manager at PEAK6 Advisors and Managing Partner and Head of Trading at Tamalpais Asset Management. Previously, he was Senior Portfolio Manager of Marin Capital Partners, covering convertible securities, capital structure arbitrage and volatility strategies. He started his career as an options trader for London International Trading.
Mr. Rowe commented, "I have had the pleasure of getting to know Ron, John and the rest of the Context team over the past several years, and am excited to help build a premier alternative specialist company."
About Context Asset Management
Context Asset Management is an innovative provider of alternative mutual funds for retail and institutional clients. Context's alternative mutual fund offerings may play an important role in helping investors focus on the financial future they desire. The Context Macro Opportunities Fund manages $74.5 million in assets as of March 31, 2016. To learn more, please visit www.contextam.com.
About Context Capital Partners
Context Capital Partners LP is an alternative specialist company that allocates its capital to talented investment managers and whose subsidiaries offer a diverse range of investment strategies, including hedge funds, liquid alternatives mutual funds, and private equity funds. Through its unique approach to identifying, evaluating and overseeing highly-differentiated and specialized funds, Context seeks to identify opportunities in both liquid and illiquid markets and serves as a full financial and operational partner for its fund managers and affiliates. Since inception, Context led seed deals in aggregate totaling more than $300 million. The firm's subsidiary businesses include Context Jensen Partners, Context Summits, Context Asset Management, Context BH Capital Management, Context Liberty Bell, Titan Capital Management and Adams Business Credit.
Context Capital Partners is headquartered in Bala Cynwyd, PA. For more information about Context Capital Partners, visit www.contextcp.com.
212.279.3115 ext. 252
Before investing you should carefully consider the Context Macro Opportunities Fund's investment objectives, risks, charges and expenses. This and other information about the Fund is in the prospectus, a copy of which may be obtained by calling 1-844-511-9653. Please read the prospectus carefully before you invest.
Diversification does not assure a profit or protect against a loss in a declining market. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Risks are detail in the prospectus and include, but are not limited to, the following: Asset-backed and mortgage-backed securities are subject to risk of prepayment. Credit default swap agreements involve special risks because they may be difficult to value, are highly susceptible to liquidity and credit risk, and generally pay a return only in the event of an actual default by the issuer of the underlying. The prices of futures can be highly volatile, using futures can lower total return and the potential loss from futures can exceed the Fund's initial investment. The Fund's derivative investments have risks, including the imperfect correlation between the value of such instruments and the underlying assets of the Fund. The risk of investing in foreign companies involves certain risks not generally associated with investments in the securities of U.S. companies. In addition, individual international country economies may differ favorably or unfavorably from the U.S. economy in such respects as growth of gross domestic product, rates of inflation, capital reinvestment, resources, self-sufficiency and balance of payments position. Emerging markets investments are subject to greater political and economic uncertainties as well as a relative lack of information about companies in such markets.
Hedging is a strategy in which the Fund uses a derivative to offset the risks associated with other Fund holdings. There can be no assurance that the Fund's hedging strategy will reduce risk or that hedging transactions will be either available or cost effective. The use of leverage has the risk of capital losses that exceed the net assets of the Fund. Leverage may involve the creation of a liability that requires the Fund to pay interest. The Fund may experience difficulty in selling illiquid investments in a timely manner at the price that it believes the investments are worth. In addition, market conditions may cause the Fund to experience temporary mark-to-market losses, especially in less liquid positions, even in the absence of any selling of investments by the Fund. The Fund is "non-diversified", investing in fewer securities at any one time than a diversified fund. A decline in the value of or default by a single issuer makes the Fund more susceptible to financial, economic or market events impacting such issuer. Short selling involves unlimited risk including the possibility that losses to the Fund may exceed the original amount it invested. Investments in small and medium capitalization companies may be less liquid and their securities' prices may fluctuate more than those of larger, more established companies.
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SOURCE Context Asset Management