Advisory services · Hedge fund portfolio advisory
An independent advisory firm focused exclusively on the hedge fund industry. Portfolios span the full spectrum of risk profiles — defensive, absolute return, risk-seeking — across Equity Long/Short and Macro/Diversifying strategies.
Portfolio structure
A fund of funds adds an investment vehicle between you and the underlying managers. With Masterpiece, you hold individual fund interests through your own custodian, with research, portfolio advice, and reporting alongside you.
A pooled investment
You invest in a vehicle that invests in hedge funds.
Separate pooled vehicle
Fund of fundsThe manager allocates pooled investor capital.
The underlying funds sit inside the pooled structure.
An advisory relationship
You hold the fund interests. We provide the advice.
Your portfolio & your chosen custodian
YouDirect interests in individual hedge funds
Advice stays separate from your fund holdings.
Through the entire life cycle of a hedge fund investment.
Hover any segment.
Customized portfolio design, execution, and ongoing optimization.
Customized Portfolio Design
Portfolio frameworks engineered to each mandate’s risk appetite and return objectives.
Investment Structuring
Legal and financial structure optimization.
Transaction & Subscription Support
Initial and ongoing subscriptions and redemptions, with detailed NAV records.
Ongoing Rebalancing & Optimization
Rebalancing proposals initiated by our traffic-light risk monitoring system.
Rigorous underwriting and continuous monitoring of every manager.
Investment Due Diligence
Bottom-up research on fund managers to assess strategy and edge.
Operational Due Diligence
Infrastructure, AUM, counterparties, technology, disaster recovery.
Financial Statement Due Diligence
Audited statements, valuations, expense ratio analysis.
Continuous Risk Monitoring
Manager and portfolio exposures tracked continuously; outliers flagged for review.
ESG Analysis & Reporting
Annual policy analysis with proprietary scoring frameworks.
Institutional reporting at both the portfolio and individual-fund level.
Institutional Reporting System
Weekly, monthly, quarterly, and annual reports to client specification.
Quantitative Performance Analysis
Benchmark comparisons across hedge fund indices and peer performance.
Consolidated NAV Valuation
Transaction tracking and monthly NAV statements.
Expense & Liquidity Analysis
Total expense ratio review and portfolio liquidity profile modeling.
Continuous support across every advisory stage, so clients achieve their hedge fund investment objectives.
Source, screen, and underwrite a universe of investable hedge funds — comprehensive investment and operational due diligence on every candidate.
Engineer portfolio proposals that align precisely with client investment objectives and adhere rigorously to portfolio guidelines.
Support initial and ongoing subscription and redemption transactions, maintaining detailed records of the portfolio’s NAV.
Continuously monitor portfolio performance and risk exposures. A structured traffic-light framework flags outliers and emerging deviations for timely review and action.
Ongoing rebalancing proposals initiated by the traffic-light risk monitoring system.
A suite of ongoing monitoring, reporting, and due diligence documentation at both the portfolio and individual-fund level — weekly, monthly, quarterly, and annually.
Our industry experience and network give clients access to opportunities others miss.
Client capital is deployed with conviction and protection through exhaustive investment and operational due diligence.
A bespoke approach to portfolio solutions aligns each portfolio precisely with the mandate — no one-size-fits-all menus.
Seamless collaboration with industry specialists strengthens clients’ decision-making. We work as a trusted extension of our clients’ investment teams.
Talk to us
We look forward to supporting your hedge fund investment objectives with our insights and advisory expertise.