Thursday, 27 August 2015
Last updated 5 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…