Wheaton, IL, December 19, 2023 – New Hyde Park Alternative Funds, LLC (NHPAF), an independent provider offering bespoke managed account solutions to the investing community, launched the Watts Gwilliam Option Overlay Program on the Galaxy Plus Hedge Platform.
Watts Gwilliam & Company, LLC, headquartered in Arizona, is a fee-only, fiduciary financial advisory that has managed option overlay strategies for more than 20 years. The management team consists of Jeffrey Watts, David Watts, and Brad Gwilliam. The Option Overlay Strategy was built for the Galaxy Plus Hedge Platform as an expansion of one of Watts Gwilliam’s initial strategies with nearly a two-decade track record.
Watts Gwilliam’s Option Overlay Fund seeks risk-adjusted returns by overlaying options on US Large Cap equities. Brad Gwilliam, founder and manager of the strategy, said, “We are pleased to bring our actively managed strategy to the innovative Galaxy Plus Hedge platform with the objective of providing investors with broad market exposure, premium income from covered call sales, and a degree of downside protection through strategic put ownership.”
NHPAF is happy to announce the inclusion of the Watts Gwilliam team and Option Overlay strategy to the Galaxy Plus Hedge Platform. The new strategy brings an impressive track record and unique offering for investors on the platform. Marc Lorin, Chief Investment Officer at NHPAF said, “Watts Gwilliam has a long track record of successfully running their SPY Optic strategy to improve the risk/reward over the S&P 500 Total Return Index.”
The Galaxy Plus Hedge Fund LLC – Watts Gwilliam Option Overlay Fund (110) is available on the Galaxy Plus Hedge Platform and subscription documents can be found at app.galaxyplus.io. To view the fund’s tear sheet, please click the link:
Galaxy Plus Hedge Fund LLC – Watts Gwilliam Option Overlay Fund (110)
To learn more, please contact Marc Lorin, Chief Investment Officer
✉️ mlorin@galaxyplus.io 📞 (630) 566-4521
About New Hyde Park Alternative Funds, LLC
New Hyde Park Alternative Funds, LLC is the sponsor of the Galaxy Plus and Galaxy Plus Hedge managed account platforms, providing fund managers and investors an institutional level managed account experience in alternative assets. New Hyde Park also offers a white-labeled dedicated managed account solution for institutional asset managers. The Galaxy Plus Hedge Platform is an innovative solution providing a flexible structure, increased efficiency, lower costs, increased risk mitigation, and a secure infrastructure. For more information, please visit www.galaxyplus.io.
About Watts Gwilliam & Company, LLC
Watts Gwilliam & Company, LLC is a full-service wealth management firm with clients across the United States. The team seeks to provide innovative investment and financial planning strategies to help investors build wealth. Headquartered in Gilbert, Arizona, Watts Gwilliam is a financial advisory registered with the SEC. For more information, please visit wattsgwilliam.com.
This communication is solely for informational and discussion purposes and does not constitute an offer to sell or the solicitation of an offer to buy or sell interests in any financial instrument or any product. Any offer for any investment product will be made solely by a confidential offering memorandum. 3439-NHPAF-12182023