Tusker Plans Offshore Hedge Fund With $40

Nov 11 2011 | 11:45am ET

Chicago-based hedge fund Tusker Capital is readying an offshore version of its flagship vehicle.

Tusker plans to launch its Investment Fund II (Offshore) during the first quarter of next year, HFMWeek reports. The move follows the April launch of the onshore version of the hedge fund, following a year of running the strategy in several managed accounts.

The offshore fund is expected to launch with about $40 million in assets, half as much as Tusker currently manages in the onshore fund.

Tusker, founded last year by Goldman Sachs veteran Anuraag Shah and First National Bank of Boston's Fabiano Silveira Aguilar, focuses on fundamental commodity-related investments. The strategy rose 41% last year and is up 22% this year.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note