Thursday, 5 March 2015
Last updated 3 hours ago
Mar 9 2012 | 11:00am ET
Two hedge funds are joining forces to form a $100 million fund of hedge funds from two funds previously run separately.
Gorelick Brothers Capital and Access Fund Management have merged Gorelick's Morrocraft Diversified Fund and Access' Access Fund. The product of the combination will retain the Access Fund name, but will be primarily managed by Charlotte, N.C.-based Gorelick, the Charlotte Business Journal reports.
Prior to the merger, Morrocraft has about $30 million in assets under management.
Access is based in San Francisco.
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…