Tontine Asset Management LLP Case Study

A ROBUST INFRASTRUCTURE AND SECURE TECHNOLOGY PUT CENTAUR ON TOP FOR TONTINE ASSET MANAGEMENT LLP

In January 2015, Tontine Asset Management LLP (“Tontine”) transitioned all their hedge funds to Centaur Fund Services (“Centaur”). Frustrated by the inability of their previous administrator to successfully manage their portfolio, Tontine turned to Centaur for its integrated, efficient workflow and strong technology partnership.

CHALLENGE

Tontine manages a broad range of hedge fund, so they required an administrator that could adapt to multiple fund structures, tax regimes and security types.

With increased investor demand for operational efficiencies and transparency, Tontine needed an administrator that could deliver open and transparent reporting on a secure and reliable platform.

Most importantly, Tontine wanted to develop a partnership with an administrator that was consistently available to guide them through the administration process and provide them with an administration platform that would grow with their business.

SOLUTION

After an extensive due diligence process, Tontine chose Centaur as a result of its responsive team, collaborative workflow and strong technology platform.

Working closely with the Tontine team, Centaur defined and delivered a detailed transition plan to ensure the smooth handover of services. Part of this process was to develop a customized solution that could adapt and evolve with Tontine and its clients.

“Technology was a key differentiator for us during the due diligence process and Centaur’s technology came out on top in terms of its security, scalability and performance. We are delighted with our partnership that is growing from strength to strength. Centaur also takes cyber security very seriously with a team that constantly reviews and analyzes their systems and partnerships. This gives us and our investors peace of mind that we are operating in the safest possible environment”, says Alberto de Brito Chief Financial Officer, Tontine Associates, LLP.

He continues “Having a strong and robust infrastructure is becoming a prerequisite for managing investor funds. We are now with Centaur for almost two years and are very happy with our choice. In fact, we would have no hesitation in recommending Centaur to other managers.”

RESULTS

  • Tontine is able to respond efficiently to today’s and tomorrow’s investor reporting requirements.
  • Centaur’s technology solutions provide security and control by delivering transparent and customized reports.
  • All fund level data is captured in the system which enables Centaur to work in a daily environment and deliver timely reporting.

ABOUT TONTINE ASSOCIATES, LLC

Tontine Associates, LLC is a registered investment advisory firm located in Greenwich, Connecticut. The Company offers portfolio management services to individual, corporations, foundations, and other entities.

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