What is the difference between a separate account versus a hedge fund or mutual fund?
Midway Capital manages separate accounts for its clients. A separate account differs from other investment vehicles in that each client establishes his or her own account with Midway Capital’s custodian, and the account is designed to meet the unique needs of each client. Clients own individual securities, rather than a piece of a fund. Hedge funds and mutual funds, on the other hand, co-mingle their clients’ assets together in one large fund or partnership in which each client has claim on a slice.
