Westchester Magazine - January FotoFiles

Alyssa Sellers of White Plains, Kristin DiPietro and Leona Solotruk, both of Rye, Alex Mascioli of Port Chester, and Barbara O’Gliece of Harrison.

- Alex Mascioli, Managing Partner of North Street Group

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‘On The Road With Alex Mascioli' ‘The Convertible As Art Form'; 2011 Maserati GranTurismo Convertible

The first thing you notice about the new 2011 Maserati GranTurismo convertible is its elegant body styling.  Try pulling your eyes away from the curvaceous lines of the famed Pininfarina coachwork – if you can.  Pininfarina is the company responsible for Ferrari's body designs and for the GranTurismo's sibling, the Quattroporte.  This latest Maserati model is by far the sexiest released since the company's re-entry into the marketplace in 2002.  The soft-top convertible looks beautiful when in the up position, carrying the roof lines all the way through to the trunk.  If you decide to retract it for warm weather motoring, this can be done in a mere 28 seconds with the push of a button, including the retraction of all four windows.  When you first open the door and slip in behind the controls, you realize not only is this car beautiful and elegant on the outside, but in the cockpit too.  Maserati's attention to detail flows evenly from the exterior styling to the interior appointments, so there is little left to want in this luxurious Italian work of art.

The GranTurismo's engine provides a comely exhaust note upon start up.  It is a 4.7 liter V8, the same block used in the Ferrari F430.  It produces 440 horsepower at 7000 RPMs, and a 361 lb-ft of torque at 4750 RPM.  The engine is mated with a six speed automatic ZF built transmission, which can be operated either by selecting the designated gear like a normal automatic or by utilizing the paddle shifts located on either side of the steering wheel.  The transmission also has two operating modes in which to drive: regular mode or the more aggressive (and less gas conscious) sport mode.  Regular mode operates just as it should by creating a comfortable ride for its occupants.  The sport mode takes this car to a whole new level and unleashes the Italian racing heritage from beneath the hood.  Sport mode is activated by the push of a button located in the center next to the radio.  Upon depressing the button, the first change you immediately notice is the sound of the car.  When sport mode is activated, the exhaust baffles open up, creating a sort of by-pass system to allow for free flow.  The result is the most exquisite baritone sound I have ever heard come from a car.  The latter mode was the one I preferred to drive, heads probably turning on the street at the sound of the humming motor miles before I was actually in sight.  The steering of the GranTurismo is very matter of fact.  The car points and shoots where you want it to go and, if anything, maybe a hint of over steer.  One downfall traversing the curves in the road was that the A-pillars partially blocked some strategic views at an angle – but I was hard pressed finding any real flaws otherwise.  The gears respond quickly and seamlessly as you shift through them, powering through the RPMs effortlessly as the speedometer needle quickly winds its way around the gauge.

The Maserati fulfills the need for speed, sensuality and even comfort in one automobile.  The rear seats can easily accommodate two adults along for the ride - and are not merely there for insurance purposes.  And for the days on the golf course the 6.1 cubic feet trunk will easily transport your bag- but alas not guarantee you a good score on the links.  From the sound of the engine to the beauty of its exterior, if you're looking for something that truly stands apart from the Mercedes SL or BMW M6, then the Maserati Gran-Turismo Convertible, priced at a starting point of around $136,000 is for you.

- Alex Mascioli, Managing Partner of North Street Group

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Hedgeopolis New York - Alex Mascioli

On November 4th, 2013 the inaugural Hedgeopolis Conference took place at the Metropolitan Club in New York. Alex Mascioli of Platinum Sponsor North Street Global Fund Services took a few moments to speak about his feedback on the conference. 

The conference, which was presented by The Hedge Fund Association and Agecroft Partners, was a full-day gathering of decision makers from leading endowments, foundations, fund of hedge funds, family offices, and pension funds.

- Alex Mascioli, Managing Partner of North Street Group

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eVestment HedgeNews: Hedge Fund Administrator Acquired by NY Capital Markets Firm

New York-based capital markets and investment banking firm North Street Group announced Wednesday the acquisition of a New York-based hedge fund administrator.

North Street managing partner Alex Mascioli explained that the “strategic acquisition of Hedge Fund Solutions allows North Street to enter the alternative asset management space and expand its service offerings.”

North Street will also rebrand Philadelphia-based Hedge Fund Solutions to North Street Global Fund Services. Terms of the agreement were not disclosed. eVestment was unable to reach North Street for further comments.

- Alex Mascioli, Managing Partner of North Street Group

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North Street Global Fund Services Enters 4th Quarter of 2013 Adding Six New Alternative Asset Fund Clients with Total Assets under Management of $445 Million  

North Street Global Fund Services, an alternative asset fund administrator, added six new hedge fund clients going into the fourth quarter of 2013 amidst an achievement of a milestone in the industry. 

According to Hedge Fund Research (HFR), a leading company specializing in the indexation and analysis of hedge funds, investor inflows of capital surged to a fifth quarterly record in 3Q13.  That statistic brings the total capital in hedge funds to around $2.51 trillion. 

North Street LP Managing Partner Alex Mascioli said "Our service provider business unit has definitely been benefiting from the increase in investor confidence both through further allocation to our established fund clients and with a resurgence of emerging managers launching new funds". 

Dean Betzios and Joseph Musto, Co-Heads of North Street Global Fund Services, both agreed adding that they are witnessing more emerging managers launching new hedge funds than a year ago and expect that trend to continue into 2014. 

Mr. Musto added "Even in the aftermath of the government shut down and the geo-political landscape with Syria, we haven't really seen a negative impact within the investment community or fund allocations as some might have expected". 

About North Street Global Fund Services 

North Street Global Fund Services is an alternative asset fund administration firm.  We offer a wide range of services at competitive prices for funds of any size or structure.  We work with clients in various stages of their business life cycles.  Whether you are a start-up fund or a well-established fund we can add value at any point providing fund administration services or our all-inclusive "Fund Launch" package, and technology and reporting solutions.  North Street client assets under administration include level 1, 2 and 3 securities from equities to structured products and we serve; hedge funds, private equity funds and fund of funds.  At North Street Global Fund Services, our experience is what sets us apart.  With industry veteran understanding of the North American, European, Asian and the Emerging Markets, we provide a unique level of service and knowledge.  For more information visit www.NorthStreetFundServices.com 

About North Street LP  
North Street LP is a diversified financial services holding company and the parent of North Street Global Fund Services, LLC and North Street Capital Markets, LLC.  For more information visit www.NorthStreetLP.com

- Alex Mascioli, Managing Partner of North Street Group

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North Street Global Fund Services, Barron's and CNBC to be Platinum Sponsors of Hedgeopolis New York

CNBC Joins North Street and Barron's as Top Sponsors for Event

North Street Global Fund Services, an alternative asset fund administrator, will be one of three platinum sponsors at Hedgeopolis New York this year along with Barron's and CNBC.  Presenting the conference is the Hedge Fund Association and Agecroft Partners.

"We are honored to have North Street Global Fund Services, Barron's and CNBC as our platinum sponsors for Hedgeopolis New York," said Mitch Ackles, Hedge Fund Association President. "This conference will offer attendees an excellent opportunity to learn from and gain direct access to dozens of institutional and private investors."

Hedgeopolis New York, one of the top investor and hedge fund conferences in the world, will bring together over 300 hedge funds with panel discussions by some of the world's most influential institutional investors.

"The conference, which is a collaborative effort between The Hedge Fund Association and Agecroft Partners, is a 'must attend' event in the industry," said Dean Betzios, Co-Head of Fund Services at North Street.

The event, which will be held at the Metropolitan Club on November 4th, will have conference speakers that will include prominent leaders at pension funds, endowments, foundations and funds of hedge funds.

"All the key issues in today's market environment such as strategies, regulations and risk will be discussed along with hedge fund managers and investors having direct access to each other," added Joseph Musto, Co-Head of Fund Services at North Street.

"We are proud to be a sponsor of this great event and in the company of such recognized industry leading organizations,"  said Alex Mascioli, Managing Partner of North Street LP.

About North Street Global Fund Services
North Street Global Fund Services is an alternative asset fund administration firm.  We offer a wide range of services at competitive prices for funds of any size or structure.  We work with clients in various stages of their business life cycles.  Whether you are a start-up fund or a well-established fund we can add value at any point providing fund administration services or our all-inclusive "Fund Launch" package, and technology and reporting solutions.  North Street client assets under administration include level 1, 2 and 3 securities from equities to structured products and we serve; hedge funds, private equity funds and fund of funds.  At North Street Global Fund Services, our experience is what sets us apart.  With industry veteran understanding of the North American, European, Asian and the Emerging Markets, we provide a unique level of service and knowledge.  For more information visit www.NorthStreetFundServices.com

- Alex Mascioli, Managing Partner of North Street Group 

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North Street Group acquired Hedge Fund Solutions LLC

North Street Group acquired Hedge Fund Solutions LLC, a New York-based provider of investment management services. Terms were not disclosed. On completion, Hedge was renamed as North Street Global Fund Services LLC.

- Alex Mascioli, Managing Partner of North Street Group

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