Coherence Capital Partners and James Alpha Management Announce Strategic Partnership for the Spectrum Fund

NEW YORK--(BUSINESS WIRE)-- Coherence Capital Partners LLC (“Coherence Capital”), a New York-based global fixed income focused alternative investment firm, and James Alpha Management (“James Alpha”), a diversified asset management firm specializing in identifying, seeding, and growing alternative investments for institutional and individual investors, today announce that they have entered into a strategic partnership to exclusively distribute Coherence Capital’s flagship Spectrum Fund.

The Spectrum Fund is a long/short alternative investment vehicle predominantly focused on North American and European corporate and sovereign debt exposures. James Alpha will be making a principal investment in the Spectrum Fund as well as focusing on distributing the Fund through its substantial investor network. James Alpha, well known for its ability to identify the top performing emerging managers in the alternative space, and Coherence Capital will also collaborate to create new private and liquid alternative products in the credit space. The Spectrum Fund has a 34 month track record with a cumulative return profile of 41.72% on the Series B interests.*

“We are pleased to enter into this alliance with James Alpha Management. The opportunity to work with their well-established network to reach alternative investors will be a key driver of our broader success. James Alpha’s deep experience in alternative asset management along with the opportunity to collaborate on creating new products in our core competency, liquid credit markets, will help Coherence continue to evolve and grow,” said Sal Naro, Coherence Capital’s CEO/CIO.

“We are very excited to partner with Coherence Capital whose principals have a long track record of success in long/short credit investing. We believe their strategy is especially well suited to an environment of volatile interest rates and the likelihood of rising rates. While most fixed-income strategies will suffer in that environment, we expect Coherence will thrive. As always, we have initiated our partnership with a substantial investment in the Spectrum Fund,” said Kevin Green, Managing Partner of James Alpha.

“Additionally, we are looking to integrate Coherence into our Multi-Strat Alternative Income Mutual Fund, JAIMX, and will explore other opportunities with Coherence within our expanding family of Liquid Alternative Mutual Funds,” said James Vitalie, Partner and President of James Alpha.

About Coherence Capital Partners, LLC

Coherence Capital Partners, LLC, established in January 2012 is a New York-based asset manager and advisory firm focused on fixed income opportunities in North America and Europe. Coherence Capital Partners is composed of professionals with deep backgrounds in investment management who aim to deliver consistent, superior risk-adjusted returns based on a unique investment platform and extensive knowledge and experience in the fixed income markets. For more information, please visit coherencecap.com.

About James Alpha Management, LLC

James Alpha Management, LLC is a diversified asset management firm specializing in identifying, seeding, and growing alternative investments for institutional and individual investors. Our objective is to identify outstanding early-stage alternative investment managers, make an investment, and grow the business. A rich mix of investment and management expertise is the foundation of our success. Together, our partners, Kevin R. Greene, Michael J. Montague, Denis J. Nayden and James S. Vitalie, provide James Alpha with a unique competitive edge and exceptional senior guidance to emerging alternative investment teams. For more information please visit jamesalpha.com.

* These are net returns, which reflect the deduction of fees and expenses. Past performance does not guaranty future results. The Spectrum Fund utilizes a master-feeder structure, in which (currently) there is one master fund and two feeder funds. The feeders are engaged in a general solicitation pursuant to Rule 506(c) under the Securities Act of 1933. Only duly vetted “accredited investors” may invest in the Spectrum Fund. The returns indicated herein refer to the Coherence Capital Spectrum Fund Onshore, LP feeder, Class B shares. Additional information concerning this fund is available from Coherence Capital Partners or James Alpha Management. Selling efforts are undertaken via James Alpha’s broker-dealer affiliate, FDX Capital, LLC (Member FINRA/SIPC; see www.finra.org and www.sipc.org for more information). Offering is made only by means of the current private placement memorandum. Unless otherwise indicated, the term “Spectrum Fund” refers to the master-feeder structure, described above. Coherence Capital Partners LLC and James Alpha Management, LLC are investment advisers registered with the United States Securities and Exchange Commission. More information about these firms is available at www.sec.gov. No offer is made hereby to any person in any state or jurisdiction in which the Spectrum Fund or FDX Capital, LLC is not legally permitted to make such offers or solicitations. Performance as of May 31, 2015.

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Coherence Capital Partners
Investor Relations:
John Lovisolo, 646-569-6771
COO
[email protected]
or
Lynn Duffy, 646-569-6743
[email protected]
or
James Alpha Management
James Vitalie, 646-290-6564
President
[email protected]
or
Media Relations:
Hedge Fund PR
Mitch Ackles, 646-657-9230
[email protected]

Source: Coherence Capital Partners LLC

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