Lance J Larsen

US Patent:

8024246, Sep 20, 2011

Filed:

Oct 3, 2002

Appl. No.:

10/481857

Inventors:

Robert M Alderman - Chester NJ, US
Steven N Baumgarten - Edison NJ, US
Paul J Brennan - Plainsboro NJ, US
Jeffrey F Chandor - Oldwick NJ, US
Lance D Larsen - Princeton NJ, US
Stephen Michael M Miller - Madison NJ, US
Steven B Olgin - West Windsor NJ, US
Michael L Pungello - Princeton Junction NJ, US
Ronald S Rosenberg - Basking Ridge NJ, US
Grace T Sette - Manalapan NJ, US
Ira P Shapiro - Princeton NJ, US
Paul J Tartanella - Monmouth Junction NJ, US
Kathleen Versland - Lambertville NJ, US
Ashleigh R Widger - Plainsboro NJ, US
Courtney L Hughes - Princeton NJ, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 27

Abstract:

A family of hedge funds, serving as “feeder funds” into underlying single-manager hedge funds, formed to provide smaller investors with the ability to allocate and reallocate assets among alternative strategies, and this basic structure combining interrelated systems and methods for offering, redeeming, exchanging, valuing, reporting and servicing the same is a new approach. The system and methods described herein provide investors having less than ultra-high net worth portfolios with access to hedge funds and the potential valuable diversification to an overall portfolio, and the ability to customize their portfolio of hedge funds to their individual needs and adjust such portfolio over time as seen fit in light of changing financial needs and market conditions. This invention gives a wide range of investors access to hedge funds, creating economic value using a new source of stable investor capital for hedge fund managers, a value shared with investors through reduced costs.

US Patent:

8150756, Apr 3, 2012

Filed:

Aug 15, 2011

Appl. No.:

13/209675

Inventors:

Robert Michael Alderman - Chester NJ, US
Steven Neil Baumgarten - Edison NJ, US
Paul Joseph Brennan - Plainsboro NJ, US
Jeffrey Frazer Chandor - Oldwick NJ, US
Lance Daniel Larsen - Princeton NJ, US
Stephen Michael Mulford Miller - Madison NJ, US
Steven Bruce Olgin - West Windsor NJ, US
Michael Louis Pungello - Princeton Junction NJ, US
Ronald Scott Rosenberg - Basking Ridge NJ, US
Grace Theresa Sette - Manalapan NJ, US
Ira Paul Shapiro - Princeton NJ, US
Paul Joseph Tartanella - Monmouth Junction NJ, US
Kathleen Versland - Lambertville NJ, US
Ashleigh Ryan Widger - Plainsboro NJ, US
Courtney Lauren Hughes - Princeton NJ, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35

Abstract:

A family of hedge funds, serving as “feeder funds”into underlying single-manager hedge funds, formed to provide smaller investors with the ability to allocate and reallocate assets among alternative strategies, and this basic structure combining interrelated systems and methods for offering, redeeming, exchanging, valuing, reporting and servicing the same is a new approach. The system and methods described herein provide investors having less than ultra-high net worth portfolios with access to hedge funds and the potential valuable diversification to an overall portfolio, and the ability to customize their portfolio of hedge funds to their individual needs and adjust such portfolio over time as seen fit in light of changing financial needs and market conditions. This invention gives a wide range of investors access to hedge funds, creating economic value using a new source of stable investor capital for hedge fund managers, a value shared with investors through reduced costs.