James McMillan

Functions as a College/University

Functions as a College/University

BAAM invests in alternative investment strategies that seek attractive risk-adjusted returns to meet their clients’ investment goals. Their investments are designed to preserve and grow clients’ capital across market cycles. From a top-down perspective, the firm focuses on positioning funds to capitalize on market opportunities through focused research and allocation of resources. From a bottom-up perspective, BAAM seeks to build deep relationships with underlying hedge fund managers that are strengthened by their investment professionals' relevant experience in the financial markets, as well as the Blackstone network in other alternative asset classes.

Investcorp Real Estate Investment Group (IREG) sources US properties and performs due diligence and arranges financing and those properties. The firm also acquires commercial mortgage debt positions and originate mezzanine debt. In addition, they advise on the real estate aspects of Investcorp's other investment activities. IREG invests in US property in the residential, office, industrial, retail and hotel sectors. They target properties in proven locations that offer some opportunity for value enhancement over the investment term. The firm's acquisitions tend to have strong cash flows, a proven operating history and solid initial occupancy. IREG typically aggregates the investment in these properties, loans or originated loans into a series of multi-investment portfolios for placement to their clients. They acquire controlling interests in their equity investments and usually operate in contractual association with strong national or regional real estate companies, who frequently choose to co-invest with them.

FRM Investments (USA) provides investment advisory services and sub-advisory services to U.S. and non-U.S. affiliated pooled investment vehicles (including private investment funds) on a discretionary or nondiscretionary basis. The firm may also offer investment advisory and/or sub-advisory services, on a discretionary or non-discretionary basis, to separately managed account clients, which may employ a variety of different strategies. FRM may invest client assets in underlying and/or affiliated funds such as limited partnerships, limited liability companies, separately managed account vehicles, offshore corporations, offshore exempted companies or other structures where they believe such investments are suitable and appropriate investments pursuant to each client’s investment strategy. Advisers and/or affiliated advisors may invest the assets of such underlying and/or affiliated funds in U.S. and foreign equity and debt securities, futures contracts, commodities, derivatives, exchange-listed securities, over-the-counter securities, warrants, U.S. and foreign government securities, options on securities and commodities, interests in other pooled investment vehicles, and other instruments. FRM may also directly invest the clients’ assets in the foregoing. FRM offers access to a wide range of investment strategies including relative value, credit, equity long/short, global macro, overlays, idiosyncratic and multi-strategy.