Asset Alliance Corporation, announced the launch of Hedgeharbor, an investment placement specialist business, through two wholly-owned subsidiaries of the company, Hedge Harbor Inc. and Hedge Harbor Limited. Complimenting the success of the Asset Alliance’s initial entry into this business in the Middle East through its affiliated company, Capintro Partners, Ltd., Hedgeharbor has expanded the business into the US and Europe with offices in New York and London.

As part of this effort, Bob Stearns has joined Hedgeharbor as a Senior Managing Director in New York. James Parker, Senior Managing Director of Asset Alliance International (UK) Limited, will serve as Head of International Business Development of Hedgeharbor, London. Messrs. Parker and Stearns report to Arnold Mintz, Global Head of Hedgeharbor and President of Asset Alliance.

Hedgeharbor represents a select group of managers in different asset classes and strategies, including Group G Capital Partners LLC, which specializes in high yield and distressed debt investments through various investment products. Hedgeharbor will also focus on identifying and representing specialist and niche managers