Evolved Alpha Reopens Flagship Multi-Strategy Fund Of Funds

May 4 2011 | 11:51am ET

Evolved Alpha, a fund of hedge funds manager with a unique risk-management structure, is reopening its flagship fund to new investors.

The fund, which is up 5% this year, invests in underlying hedge funds via managed accounts, with the added twist that Evolved Alpha, and not the manager, actually owns all underlying positions. The structure eliminates fraud risk and increases valuation certainty, the firm says.

"Recent performance has led to increased demand," co-founder Jesse Redmond told HFMWeek. "We will always be a boutique firm focused on specialized strategies—unique strategies trading unique markets. Based on current agreements, we can deploy over $200 million without altering the portfolio."

Evolved Alpha was founded last year by Redmond and Justin Pawl, formerly co-managers of the Alpha Titans Fund.


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.