MIAMI, Sept. 7, 2016 /PRNewswire/ -- Recently AI Magazine - Acquisition International - a part of AI Global Media established in the United Kingdom, interviewed Dennis Klemming, global President of the Prudent Group on the "Most Innovative Hedge Fund Manager for 2016: U.S. / Europe" award, how they work, and what solutions they are offering to the market.
The Prudent Group operates in Brazil with operating units in Sao Paulo and Porto Alegre, and has investor relations in Luxembourg, Vienna, Miami and New York.
"Brazil is a key market for the Prudent Group to join the South American region, and the success of this strategic focus was was directly reflected in our recognition as the most innovative Hedge Fund in the U.S. and Europe in 2016," said Dennis Klemming.
The Prudent Group focuses on offering the best financing and working capital solutions for small and medium sized businesses where the transaction flow is easy to understand and very predictable. Our clients are often suppliers to larger (industrial) buyers. Prudent Group seeks to create long-term relationships with this business chain, helping to establish predictability of financial operations among companies, facilitating access to capital.
The traditional channels for investment and working capital for companies in Brazil are not meeting the real needs of the market. In general, they are very large financial institutions, with very slow and bureaucratic processes, leaving companies with high potential without bank financing for their financial needs for turnover capital and their growth capacity.
Prudent Group has recently been approved to distribute our fund products locally in Germany and Sweden to well-informed investors. In addition, the Prudent Group is opening up a new sub-fund, entitled the Prudent Enhanced Yield Fund, that will have an insurance wrapper from a leading Global AA- rated insurance company. This product will target very large corporate payees, often with their own investment grade ratings.
"This award is not only for our investment team, represented by some of our colleagues such as our local head, Giovanni Cataldi Neto, Edivaldo Albuquerque, Edson Luis Paulino, Mario Delbianco, Ralph Levy, Jacob Gitman, Luciano de Claro, Jon Malmsater, Isaias Melo, Alfred Neimke and David Kallus, but for all of the hard working team members in Brazil and elsewhere," Dennis Klemming said.
The award for the "2016 Most Innovative Hedge Fund Manager: U.S. / Europe" was granted by Revista AI (Acquisition International) published by AI Global Media based in the United Kingdom. This award recognizes the seriousness of the work that the Prudent Group has been engaged in on the global financial scene.
For further information on the Prudent Group, please go to: www.prudentgroup.us.
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SOURCE AltaGroup Agency and Prudent Group