MICHAEL L PUNGELLO
Accountancy in W Windsor Township, NJ
License number
New Jersey 20CC02141700
Issued Date
Dec 31, 1992
Expiration Date
Dec 31, 2008
Category
Accountancy
Type
Certified Public Accountant
Address
Address
W Windsor Township, NJ
Professional information
Systems And Methods For Offering And Servicing Hedge Funds
US Patent:
2004017, Sep 9, 2004
Filed:
Dec 22, 2003
Appl. No.:
10/481857
Inventors:
Robert Alderman - Chester NJ, US
Steven Baumgarten - Edison NJ, US
Paul Brennan - Plainsboro NJ, US
Jeffrey Chandor - Oldwick NJ, US
Winston Llewellyn Clinton - Westfield NJ, US
Lance Larsen - Princeton NJ, US
Stephen Michael Miller - Madison NJ, US
Steven Olgin - West Windsor NJ, US
Michael Pungello - Princeton Junction NJ, US
Ronald Rosenberg - Basking Ridge NJ, US
Steven Baumgarten - Edison NJ, US
Paul Brennan - Plainsboro NJ, US
Jeffrey Chandor - Oldwick NJ, US
Winston Llewellyn Clinton - Westfield NJ, US
Lance Larsen - Princeton NJ, US
Stephen Michael Miller - Madison NJ, US
Steven Olgin - West Windsor NJ, US
Michael Pungello - Princeton Junction NJ, US
Ronald Rosenberg - Basking Ridge NJ, US
International Classification:
G06F017/60
US Classification:
705/036000
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.
Systems And Methods For Offering And Servicing Hedge Funds
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
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.