Competitive Advantages

Quality of hedge funds
It is Agecroft’s objective to represent primarily large well established hedge funds with clearly defined investment processes and risk controls, solid pedigrees of investment team, and strong historical performance. The average size of the hedge fund organizations we have represented is over $1 billion in assets under management. Ultimately, the reputation of a third party marketing firm is based on the quality of the hedge fund managers it represents.

Founder's Experience
Don Steinbrugge's achievements over his 26 year career in institutional investment management sales include serving as the head of sales for one of the world's largest hedge funds and institutional investment management firms; Don was a founding principal of Andor Capital Management, which was formed when he and a number of his associates spun out of Pequot Capital Management. At Andor he was Head of Sales, Marketing, and Client Service and was a member of the firm's Operating Committee. When he left Andor, the firm was ranked by assets under management as the 2nd largest hedge fund firm in a survey by Absolute Return Magazine. Prior to his stint at Pequot, Don was a Managing Director and Head of Institutional Sales for Merrill Lynch Investment Managers, which at the time was one of the largest investment managers in the world ranked by assets under management. Don was also Global Head of Institutional Sales for NationsBank (now Bank of America Capital Management).

Don is a member of the Investment Committee for The City of Richmond Retirement System and The Science Museum of Virginia Endowment Fund, which gives him direct knowledge of institutional investors’ decision making process. He is also a member of the Board of Directors for the Lewis Ginter Botanical Gardens, The Richmond Ballet (The State Ballet of Virginia), the Richmond Sports Backers and the University of Richmond's Robins School of Business.

Industry Reputation
Agecroft received the HFMweek Award for 2009 Best Third Party Marketer, the Opal Financial Group’s 2009 Third Party Marketer of the Year award, the Opal Financial Group’s 2008 Third Party Marketer of the Year award. In addition, our managing partner was selected as a finalist by Foundation and Endowment Money Management for 2009 Marketer of the year. Our Partners are frequent speakers at alternative investment conferences on topics including, the state of the hedge fund industry, institutional investors' use of hedge funds and the due diligence process for hedge funds. This increases Agecroft credibility in the market place as well as the clients we represent.

Quality of Sales Team
Our partners’ goal is to have in depth product knowledge of the funds we represent and to be able to articulate their investment processes as well as our managers. The professionals at the firm average over 15 years of industry experience. Our six-person team includes two people who have completed the CFA program and carry the CFA designation; four of our partners have worked for multi billion dollar alternative investment firms and two partners have been members of the executive committee of one of the largest Hedge Funds in the world. Our team is able to provide comprehensive global coverage across a multitude of hedge fund strategies for the funds that we represent.

Strong Knowledge of the Institutional Marketplace
Our Partners have met with a majority of the largest US pension funds, endowments, foundations and institutional consulting firms during their careers. A significant number of these investors have been clients of theirs in the past. In addition, our sales team has significant relationships at a senior level throughout the fund of funds, insurance company and family office market places. Our combined efforts have resulted in the creation of a proprietary database of more than 20,000 industry contacts.

Agecroft Partners LLC is a registered broker-dealer, and member of the FINRA and SIPC.