Whitebox Set To Launch Second Mutual Fund

Nov 9 2012 | 11:06am ET

Hedge fund Whitebox Advisors is going retail—again.

The Minneapolis-based firm will launch its second mutual fund on Monday, it said in a regulatory filing. The new fund will be a long/short equity vehicle based on its long/short hedge fund, which is up 8.5% over the past 12 months.

Whitebox launched its first mutual fund, Tactical Opportunities, in December. The new Whitebox Long Short Equity Fund will be managed by Jason Cross, Paul Karos and Kurt Winters, and will charge a 1.95% expense ratio and 4.5% sales charges.

Whitebox has $2.3 billion in assets under management.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...