Friday, 24 October 2014
Last updated 17 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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