Ramius To Launch Hedge Fund Replication Mutual Fund

Jul 26 2010 | 1:21pm ET

Ramius is readying its first mutual fund, a hedge fund replication product expected to launch later this month.

The New York-based firm—the alternative investments are of Cowen Group, the boutique investment bank acquired by hedge fund Ramius Capital last year—said the new fund would offer the market exposures typically characterized by hedge funds with a mutual fund’s daily liquidity. The Ramius Dynamic Replication Fund should debut with more than $100 million, the firm said.

“Over the past 15 years, Ramius' asset management platform has evolved within the ever-changing investment landscape to meet increasingly sophisticated demands for investment solutions from the entire range of institutional and high net worth clients,” Ramius CEO Thomas Strauss said. “With the Ramius Dynamic Replication Fund, we are pleased to offer the same level of sophistication to a broader universe of retail clients, who typically have a more limited range of alternative investment options.”


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note