Key Takeaways
- • CXC Investments, LLC, the Miami-area manager behind the CXC Horizon Fund, LP, has engaged Silver Fern Financial LLC as its outsourced chief financial officer partner.
- • The engagement comes about 15 months after the July 2025 launch of CXC Horizon Fund, a fundamental, valuation-driven long/short equity fund founded by Benjamin Cohen.
- • Silver Fern Financial, a boutique firm founded by William Bruce, CA, CFA, provides outsourced CFO, COO and CCO support, Cayman Islands directorships and related operational services to hedge funds, private equity firms and other alternative managers.
- • CXC Investments did not disclose the financial terms of the engagement or updated assets under management for the fund.
- • The arrangement is designed to complement, not replace, CXC's existing management and service provider relationships.
Summary
CXC Investments, LLC, a Miami-area investment management firm overseeing CXC Horizon Fund, LP, has engaged Silver Fern Financial LLC as its outsourced chief financial officer partner. According to the announcement, the engagement is intended to strengthen the firm's financial management and operational infrastructure as it expands its investment business. Under the agreement, Silver Fern will work with CXC's management team and existing service providers on financial oversight, fund operations and the development of institutional processes.
The engagement follows roughly 15 months after the July 2025 launch of CXC Horizon Fund, a fundamental, valuation-driven long/short equity fund founded by Benjamin Cohen. The strategy seeks long-term capital appreciation through investments in undervalued businesses with durable competitive advantages and high barriers to entry, with an emphasis on fundamental research, valuation discipline and high-conviction positions. The fund maintains flexibility across industries and market capitalizations and incorporates risk management in balancing exposures.
Cohen, founder and managing partner of CXC Investments, said: "As CXC Horizon grows, we're strengthening the financial and operational foundation supporting the Fund. Silver Fern brings experienced financial leadership to work alongside our team and existing service providers."
Silver Fern Financial describes itself as a boutique financial and operational services firm focused on outsourced executive functions for hedge funds, private equity firms and other alternative investment managers. Its offerings include outsourced CFO, chief operating officer and chief compliance officer support, Cayman Islands directorships and related operational services. The firm was founded by William Bruce, CA, CFA, who has nearly three decades of experience in investment management, financial reporting, compliance and operational oversight. Bruce previously held senior CFO and chief compliance officer roles at investment management firms and earlier worked at Goldman Sachs and Ernst & Young.
The announcement positions the arrangement as particularly relevant for emerging managers seeking the financial controls and reporting practices that institutional investors expect, and as a way to access specialized expertise without building a full internal executive team. Bruce said Silver Fern would provide financial oversight and operational expertise to support the manager's continued development. CXC did not disclose the financial terms of the engagement or provide updated assets under management for CXC Horizon Fund.
The engagement follows roughly 15 months after the July 2025 launch of CXC Horizon Fund, a fundamental, valuation-driven long/short equity fund founded by Benjamin Cohen. The strategy seeks long-term capital appreciation through investments in undervalued businesses with durable competitive advantages and high barriers to entry, with an emphasis on fundamental research, valuation discipline and high-conviction positions. The fund maintains flexibility across industries and market capitalizations and incorporates risk management in balancing exposures.
Cohen, founder and managing partner of CXC Investments, said: "As CXC Horizon grows, we're strengthening the financial and operational foundation supporting the Fund. Silver Fern brings experienced financial leadership to work alongside our team and existing service providers."
Silver Fern Financial describes itself as a boutique financial and operational services firm focused on outsourced executive functions for hedge funds, private equity firms and other alternative investment managers. Its offerings include outsourced CFO, chief operating officer and chief compliance officer support, Cayman Islands directorships and related operational services. The firm was founded by William Bruce, CA, CFA, who has nearly three decades of experience in investment management, financial reporting, compliance and operational oversight. Bruce previously held senior CFO and chief compliance officer roles at investment management firms and earlier worked at Goldman Sachs and Ernst & Young.
The announcement positions the arrangement as particularly relevant for emerging managers seeking the financial controls and reporting practices that institutional investors expect, and as a way to access specialized expertise without building a full internal executive team. Bruce said Silver Fern would provide financial oversight and operational expertise to support the manager's continued development. CXC did not disclose the financial terms of the engagement or provide updated assets under management for CXC Horizon Fund.
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