Luxembourg- based investment services company LRI Group has joined forces with fund manager TAO Alternatives to launch its new Liquid Alternative Strategy.
The strategy, which has currently has €250m in assets will be managed by TAO Alternatives fund managers Lukas Goetz and Achim Motamedi.
Goetz previously worked as senior portfolio mangr at UNIQA Capital Markets GmbH and holds a doctorate in finance from the Vienna University of Technology. Motamedi has over 10 years of experience in the financial sector and was formerly head of Tactical Asset Allocation at UNIQA Capital Markets GmbH, where he managed absolute return portfolios.
Michael Sanders, managing director at LRI Invest comments on the partnership: “We are thrilled about working with TAO Alternatives and building a close relationship with both Dr Lukas Goetz and Achim Motamedi. The ever-changing institutional landscape and high demand of asset managers, pension funds, family offices and insurance companies, shows that liquid alternatives are an attractive option for regulated investors due to the lack of liquidity and transparency of traditional hedge funds.”