On November 21, 2016, Crow Point Partners, LLC announced that it had entered into a strategic partnership with FlowPoint Capital Partners.
As part of the strategic alliance, Crow Point Partners, LLC (“Crow Point”) and FlowPoint Capital Partners (“FlowPoint”) entered into an operations agreement with terms that include Crow Point providing comprehensive middle and back office business processes and operations systems to FlowPoint. Crow Point also made a minority, non-voting passive investment in FlowPoint, and Crow Point’s CEO and founder, Peter DeCaprio, was named a member of FlowPoint’s advisory board.
Crow Point, based in Hingham, Massachusetts, is a specialty asset management firm, managing approximately $1 billion in assets in private partnerships, separately managed accounts, sub-advised mutual funds and proprietary mutual funds.
FlowPoint, based in Andover, Massachusetts, is an independent investment management firm providing services to institutions, family offices, and entrepreneurs.
To read the press release: please click here.