Pricing Partners announced today that Aria Protected Funds, a Luxembourg-based manager of high yield, protected funds, has selected Pricing Partners’ flagship independent valuation platform, Price-it Online (PIO) for its alternative assets.
Aria Protected Funds will use Price-it Online to further validate and challenge counterparty pricing. Price-it Online will add an additional level of transparency and auditability in the valuation process for these unique liquid, protected funds.
“The independent valuation and benchmark pricing have increasingly become priorities for hedge fund managers,” commented Eric Benhamou, CEO at Pricing Partners “We are very pleased to work with Aria Protected Funds. We believe that our structured products independent valuations will give them confidence to make decisions.”