Wednesday, 28 January 2015
Last updated 33 sec 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…