INTERMARKET CORPORATION

other names
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Adviser Profile
As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 8
of those in investment advisory functions 5 -16.67%
Registration SEC, Approved, 03/30/2012
AUM* 403,205,858 15.10%
of that, discretionary 403,205,858 15.10%
Private Fund GAV* 403,205,858 15.10%
Avg Account Size 134,401,953 15.10%
SMA’s No
Private Funds 3
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
900M 771M 643M 514M 386M 257M 129M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$403,205,858

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Brochure Summary

Overview

Intermarket Corporation was founded as a New York corporation in 1969 and its principal owners are David B. Forer and Thomas P. Borger. Intermarket Corporation, together with its affiliates, Intermarket L.P.1 and Intermarket Management L.P.2 (referred to collectively hereinafter as “Intermarket”), serves as the investment adviser to private investment funds focused primarily on investing in events related to corporate restructuring and in securities of distressed companies. Intermarket provides investment management services to certain pooled investment vehicles (each, a “Fund”) with similar investment objectives, strategies and policies. Intermarket is controlled by Thomas Borger and David Forer, who are primarily responsible for the day-to-day management of the Funds. Intermarket is committed to situational or event-driven
investing and, consistent with this style, it has maintained a flexibility of emphasis that permits it to take advantage of and profit from opportunities particular to a specific period. Investors in the Funds (each, an “Investor”) invest with Intermarket by purchasing interests or shares in a Fund when the Fund is raising capital. Please refer to Item 8 for a more detailed description of our investment strategies. As of December 31, 2023, Intermarket managed approximately $369.7 million in net assets. The amount disclosed under this item is calculated based on net assets, which differs from our “regulatory assets under management” disclosed under Part 1A of our Form ADV. All of these assets are managed on a discretionary basis. Intermarket does not provide non-discretionary investment advisory services.