Wednesday, June 20, 2012

Press Release: Tradex Global Advisors Retains Industry Veterans Hudson, Riley Asset Council


Tradex Global Advisors Hires Marketing Specialist

Greenwich, CT – June 20, 2012 – Tradex Global Advisors, the Greenwich based fund of hedge funds manager, has retained fundraising specialist Hudson, Riley Asset Counsel as it seeks to expand its investor base.  The Hudson, Riley team will work alongside Tradex’s internal marketing group in actively coordinating new investors in the US and abroad.

Hudson, Riley is led by Joseph Nodarse and Leonard Chaikind.  The two owners and their respective companies possess over 100 years of combined experience working with institutional investors such as plan sponsors, foundations, endowments and pension consultants.  Mr. Nodarse, based in Miami and Greenwich, is the former Director of Global Institutional Marketing & Sales at London & Capital Investment Advisors.  He also was previously the Head of Marketing and Pension Fund Consulting at Dahab Associates.  Mr. Chaikind, based in Houston, is the former head of the Shell Oil Company’s $12 billion pension program, where he worked for 34 years.  He served as a Founder and Vice Chairman of the Committee on Investment of Employee Benefit Assets (CIEBA), the largest corporate pension fund membership group in the world, and is also the Chairman & CEO of Institutional Investors Consulting Company.  Collectively, Mr. Nodarse and Mr. Chaikind have risen over $1 billion.

Mr. Nodarse stated, “Many of our clients, especially mid to large pension funds and plan sponsors, have made it perfectly clear that the traditional model of asset allocation is no longer what they are looking for due to market volatility and the inability of this model to meet assumption goals.  Tradex offers what we feel is the best alternative for these plans who have generally seen flat or negative returns over the last decade from a mixture of equities and bonds.  Tradex specializes in allocating to alpha-centric niche managers who outperform their larger peers, while maintaining a commitment to superior transparency and liquidity terms.”

In addition to its Original Segregated Portfolio, Tradex is looking to grow assets in two other Fund of Hedge Funds which were designed around a demand for niche managers who provide top quality liquidity and transparency without sacrificing performance.  The Liquid 50 Portfolio invests in managers who use highly liquid instruments and strategies, therefore offering an extremely low probability of gating, suspending or side pocketing any assets.  The managers and strategies in this Fund are generally non-directional, trading oriented and flexible in nature.  The other vehicle is called The Liquid Real Estate Mortgage Portfolio, which will invest in relatively liquid mortgage backed securities.  The Tradex principals have successfully utilized mortgage backed security strategies in their Funds since 2004.

Tradex Global has more than ten years experience sourcing niche hedge fund managers, and allocates the majority of its investments in performance driven funds managing between $250 - $750 million.  The Tradex Group was founded in 1998 and managed over $3 billion at its peak. 

Tradex Global Advisory Services, LLC
investorrelations@thetradexgroup.com 
203-863-1500
@Tradex_Global

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