overview

The ParkRiver team has a long-standing history of providing an investor-approved infrastructure to alternative asset managers. Managing Partners, Michael Coppola and Scott Baglio, have a wealth of experience running hedge fund operations as C-level hedge fund executives.

Originating in 2005, ParkRiver served as the non-investment team of multi-strategy hedge fund Ospraie Management, providing a full range of customized services to Ospraie and a platform of external managers. Over the next six years, under the leadership of Michael Coppola as CFO and Scott Baglio as Assistant General Counsel and Deputy CCO, our team supported dozens of funds and accounts with a cumulative AUM of over $9 billion at the height. In 2011, we established ParkRiver as an independent organization, bringing its proven model to the broader market.

Ospraie launches the Ospraie Wingspan platform to provide seed capital and operational infrastructure to external hedge fund managers.

Ospraie's middle and back office team becomes Ospraie Services Group (OSG) in order to support Ospraie and external fund managers.

The team provides the full range of middle and back office corporate services to 10 firms with cumulative AUM of over $9 billion.

The team directs the launch of 17 funds and 22 separately managed accounts.

After 6 years of cultivating the team within the Ospraie platform, ParkRiver Fund Solutions is established as an independent business, focused on providing best-in-class support to alternative investment fund managers.

ParkRiver expands personnel to increase resources and depth across the organization.

The team adds several new hedge fund partners to the ParkRiver platform, and expands internal compliance capabilities to address myriad regulatory environment changes.

We continue to deepen and broaden our relationships with alternative investment managers, by providing consistency and building trust with their investors.