Friday, 6 March 2015
Last updated 36 min ago
Jan 19 2011 | 4:54am ET
With five successful years under its belt, Attucks Asset Management is launching a fund of hedge funds based on a separate account it runs for an institutional investor.
The multistrategy vehicle is the first of Attucks’ Revolution Funds, which the firm hopes to build into a fund of funds family. Eventually, Attucks plans to offer single strategy funds of funds, but will initially focus on commingled and customized managed accounts based on its multistrategy portfolio, Pensions & Investments reports.
Attucks, which has $1.8 billion in assets under management, will use Riverside Portfolio Management’s platform for the Revolution Funds. A minority- and woman-owned firm, Attucks already favors many similarly minority- and woman-owned funds on Riverside’s platform.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…