Hecksher Partners announced this week the launch of NexGen360.io, a global fund solutions and advisory business that provides customized support to hedge funds, private equity managers, family offices and individuals in need of cost effective operational, structural and management solutions.
The firm pointed out in a press release that, in a new post-COVID-19 era, NexGen360 means to fit the new reality of the fully outsourced model for the asset manager, delivering efficiencies and cost savings while providing “a next generation 360 degree full solution suite of services”.
In this sense, the platform will deliver seasoned senior executive knowledge to clients on a fractional basis through an Outsourced C-Suite panel covering COO, CCO, CFO, GRO and GMO in charge of operations, finance, compliance, risk management and marketing. In addition, through their ring-fenced marketplace and partners they will offer complete bespoke services and technology solutions at a fraction of the cost on the street.
“We are firm believers of challenging the status quo seeking more optimal solutions that deliver significantly better results for the asset manager in a shorter and more cost-effective time frame. Over the years we have seen a thing or two and the opportunity to be disruptive in the market sector by opening up new avenues and ways of building, optimizing and growing funds” said Thalius Hecksher, CEO and founder of Hecksher Partners, who has been involved in the global funds arena for the last 25 years.
He also commented that they set out to help their clients future proof their business models utilizing AI, new technologies and more efficient workflows. This leads to a reduction in the expense ratio, increased responsive times, reduced bureaucracy, and the ability to fully optimize the virtual workplace with the agility to pivot to adapt to market conditions.
“2020 delivered a new paradigm shift in how we work together in a co-location environment and access to our extraordinary caliber of talent pool opened up global access to local knowledge. We build each client team based on their idiosyncratic needs,” he revealed.
Hecksher concluded that their goal at NexGen360 is to help clients build, optimize and grow through their three “delivery pillars”: knowledge, network and solutions.