Tuesday, 26 July 2016
Last updated 34 min ago
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.