KStone Partners LLC provides funds of hedge funds to high net worth and institutional investors. KStone seeks to produce an attractive risk adjusted return for its clients and constructs portfolios that have lower volatility, higher alpha and low correlations to the equity and fixed income markets. KStone has the expertise to design and implement a customized account for an investor.
KStone Partners LLC is a privately owned alternative asset management company founded in 2008
Advisory Board (1)
KStone seeks to generate superior risk-adjusted returns in all economic environments
The process starts with our investment philosophy and
includes four major stages
KStone aims to deliver superior investment results for a given level of risk
KStone seeks to achieve returns that exceed the risk-free rate of return, with volatility similar to fixed income markets.
Historically, the portfolios that KStone manages have generated superior risk-adjusted returns. Generally, KStone’s portfolios are not dependent on the performance of the equity markets for returns.
KStone seeks to mitigate risk by having the sources of return be diverse and not correlated to interest rate movement.
KStone’s primary focus is on risk management at the portfolio and underlying manager levels and KStone seeks to control volatility and preserve investors’ capital.
KStone’s CIO has substantial and diverse business and investment experience.
Potential Benefits of Investing in
Funds of Hedge Funds
KStone Partners’ Team
KStone has assembled a talented team with significant relevant experience
Joseph H. Marren
President, Chief Executive Officer, Chief Compliance Officer and CIO KStone High Income Muni Fund LP and KStone Distressed Muni Fund LP
Mr. Marren is the President, Chief Executive Officer and Chief Investment Officer of the General Partner. Mr. Marren’s career as an investment banking professional gives him insight into mergers, acquisitions and private equity investing through a broad range of financial structures and securities. For more than 23 years, he specialized in identifying attractive investment opportunities for corporations, financial sponsors and entrepreneurs and assisting in the execution of M&A transactions.
Mr. Marren joined the General Partner in October 2008. From April 2005 until September 2008, Mr. Marren was Managing Director and Head of the Strategic Opportunities Group at Sagent Advisors, Inc., a privately-owned M&A advisory boutique based in New York City. From May 2001 to March 2005, Mr. Marren was a Managing Director and the Global Head of M&A Business Development at Citigroup Global Markets. He held the same position at Credit Suisse First Boston from November 2000 to March 2001, and was also a Managing Director and the Head of the Business Development Group at Donaldson Lufkin & Jenrette from mid-1997 to November 2000.
Prior to joining Donaldson Lufkin & Jenrette, Mr. Marren worked at The Bridgeford Group, Prudential Securities and Kidder Peabody & Co. He led, or was a senior professional, in the business development efforts for the M&A group at these firms.
Before moving to Wall Street in 1985, Mr. Marren worked for six years at American Maize-Products Company, a diversified publicly-traded conglomerate. He was directly involved in business development activities there. Mr. Marren began his career in 1976 at Price Waterhouse.
Mr. Marren has taught a course in Mergers & Acquisitions as an Adjunct Professor at New York University Stern School of Business. He has guest lectured at Fordham Law School, Columbia Law School and Columbia Business School. He is the author of Mergers & Acquisitions: A Valuation Handbook and Mergers & Acquisitions: Will You Overpay?.
Mr. Marren received a Bachelor of Business Administration degree from the College of William & Mary in 1976, a Juris Doctor degree from Fordham University School of Law in 1979 and an MBA from the NYU Stern School of Business in 1984. He is a member of the New York State Bar Association.
In 2017, Mr. Marren joined the Advisory Board of IBP Institute, which has developed the investment banking professional credential.
Joseph M. Marren
Jeanette M. Martin
Director of Finance
Chief Financial Officer
Joseph T. Drohan