Aurora To Launch Flagship-Based Managed Accounts

Aug 26 2011 | 9:47am ET

Chicago-based fund of hedge funds Aurora Investment Management is to add several separately managed accounts to its lineup.

The $11.5 billion firm will launch two or three such managed accounts by the end of the year. All will employ the same strategy as its multi-strategy eponymous flagship fund, HFMWeek reports.

Much of Aurora's asset growth has come in managed accounts in recent years. The new ones stem from institutional demand, and have a minimum investment requirement of $100 million.

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