Worth Venture Partners, LLC Announces $100 Million Investment from Lombard International into Emerging Manager Hedge Funds

Mar 07, 2016, 10:00 ET from Worth Venture Partners, LLC

NEW YORK, March 7, 2016 /PRNewswire/ -- Worth Venture Partners, LLC ("Worth"), an emerging manager hedge fund platform headquartered in Manhattan, is pleased to announce an investment by Lombard International ("Lombard") in a diversified portfolio of emerging hedge fund strategies, the WVP Emerging Manager Onshore Fund.  Lombard initiated the relationship with a $100 million investment across multiple managers. Lydian Advisory Group also worked with Worth and Lombard to structure the initial investment.

David Wertentheil, Partner and Co-Founder of Worth, commented, "We are excited to be an alternative emerging manager solution for Lombard.  Our strategies support diversification of returns while meeting the wealth planning needs of their sophisticated client base through insurance-based structures."   

The WVP Emerging Manager Onshore Fund currently offers access to more than 15 managers through custom portfolios with a diverse alternative investment menu primarily focused on market neutral, volatility, equity long/short and event driven strategies with US and international exposure. 

"The ability to construct diversified emerging sub-advised portfolios with low correlation to the major equity and credit markets is what makes hedge fund investing so compelling," said Abby Flamholz, Managing Member and Co-Founder of Worth. "The WVP Emerging Manager Onshore Fund offers investors the ability to co-invest in alternative managers that can bring more nimble talent and diversified return opportunities to their investment portfolio."

About Worth Venture Partners, LLC:

Worth Venture Partners is a New York-based SEC-registered investment advisor managing the WVP Emerging Manager Onshore Fund, LLC, an alternatives platform providing differentiated sources of return and diversification with emerging alternative managers.  The WVP Emerging Manager Fund's strategies are open, as capacity is available, to accredited investors, family offices, high net worth individuals, fund of funds, and select institutions.

Worth Venture Partners, a WBE certified manager, was founded by Abby Flamholz and David Wertentheil in October 2012. The first WVP Emerging Manager Fund was launched in February 2014.  The business, which includes a platform of separately managed accounts, provides daily sub-advisor oversight and has grown to over $245 million across more than twenty emerging managers and three separate emerging manager focused fund vehicles.

Worth provides access to niche and opportunistic managers in the emerging stages of their firm's growth and adds a layer of daily institutional due diligence oversight to mitigate many of the operational risks inherent in the emerging manager investing landscape.  For further information visit: worthventure.com or contact David Wertentheil at 212.558.9017.

SOURCE Worth Venture Partners, LLC