The Genesis investment firm announced on Tuesday that it is building a new $1 billion fund that will cover a significant portion of its portfolio.
The Genesis fund is based on the Genesis Investment Strategy that the firm has pioneered, which allows investors to use a combination of stock and bond funds.
The fund is expected to have a valuation of more than $1 trillion.
The Genesis fund will use a “fund of funds” model that allows for the creation of an investment vehicle that can be easily used by anyone who wants to invest.
“We believe this will be a truly innovative investment vehicle, but it will be the first of its kind,” said Jim O’Sullivan, the CEO of Genesis, in a statement.
“This is an exciting opportunity to take our investment philosophy to the next level.”
The fund is named for Genesis founder and chairman Michael Fenton, who died in February at age 67.
According to the company, Fenton used his firm’s funds to invest in companies like Twitter, Spotify, and Disney.
The firm also created the Genesis Asset Management Trust (GAM), a fund that invests in a number of high-growth companies that have come from the financial industry.
The firm’s new fund is a result of a partnership with Vanguard Group, which is a part of the Vanguard Group.
The two companies have a long history of working together, including a joint venture to buy Vanguard Group’s U.S. equities index fund, the Vanguard Total Return Fund (VTX).
O’Brien said the two companies would also be collaborating on a fund to invest a portion of their mutual fund portfolios.
Investing in the Genesis fund was a natural fit, O’Briens said.
“It’s really our opportunity to work together on a new fund that’s going to be very large, and we feel that it’s going be a big success story,” he said.
The partnership with Genesis will also allow the firm to work with a number other major players in the financial sector, including Fidelity, Goldman Sachs, BlackRock, and Morgan Stanley.
The company has also signed a deal with the U.K. government to use the Genesis strategy to manage funds.
“The Genesis Strategy will be used to manage investment funds in the U, UK, and beyond,” O’Connell said.
O’Sullivan said the new fund will be able to invest around $50 billion per year, and will cover the “most liquid asset classes, including real estate, energy, and commodities.”
The company is also working with some of the world’s biggest financial institutions, including UBS, Deutsche Bank, and Goldman Sachs.
O’Connor said that the company is working with Goldman Sachs to create a new type of financial institution that will work with “the largest institutional clients.”
The firm is also in talks with hedge funds and other financial firms to help it achieve its ambitious goal of growing its portfolio by at least 20 percent per year.