Local Tech Wire

RALEIGH, N.C. – , a provider of financial advisory services, is expanding by opening an office in New York City.

The Raleigh-based company offers investment solutions ranging from mutual and traditional funds to hedge funds.

“A local office will extend Hatteras’ presence and our ability to work more closely with corporate home offices and financial advisors in the New York investment community,” said Brian Jacobs, Hateras Funds’ chief executive officer. “Demand for alternative investment solutions continues to grow, as advisors seek solutions that enable their clients to easily integrate alternative investments with traditional ‘long-only’ portfolios.

“We believe alternative investments are at an inflection point,” he added. “Our firm is poised to provide advisors the expanded education, tools and support they need to allocate to alternatives with confidence.”

The New York office address is 590 Madison Avenue.

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