Fund Asset Managers

Fund Asset Managers, LLC provides investment management primarily to pooled private vehicles and special purpose vehicles rather than individual retail clients, acting as portfolio manager for several SPVs and as a non‑discretionary subadvisor to two third‑party funds. Its work is concentrated in private, exempt offerings that invest in illiquid securities and other non‑public investments.

The firm’s investment process for single‑purpose vehicles emphasizes focused due diligence, asset allocation within an investor’s broader portfolio, timing and valuation oversight, and in some SPVs the use of incentive allocations with high‑watermark provisions. Operationally, FAM outsources trading execution to Cowen and relies on third‑party administrators and service providers for execution, reporting and other functions.

FAM’s operating structure includes several uncommon affiliations for a manager of pooled vehicles, including related accounting and tax services (Greenwich Accounting & Tax Services), affiliated legal firms (Greenwich Legal entities), a pension consultant/plan sponsor relationship (Collaborative Office Services and the Collaborative Retirement Trust), and multiple Belpointe‑affiliated insurance and service entities. Those cross‑affiliations and the firm’s grouping with other Belpointe advisory and back‑office businesses create potential conflicts of interest and a distinctive operating model compared with many peers.