Treesdale Launches Fund, Preps Portable Alpha Product

Alternative investment manager Treesdale Partners, which specializes in fixed-income, has recently launched a fund-of-hedge funds and is preparing to unveil a commingled portable alpha vehicle later this summer.

The Treesdale Special Opportunities Fund launched in April with $35 million in assets under management and has since taken in an additional $26 million. According to Dennis Rhee, managing partner, the new fund differs from the firm's flagship fund in the number of underlying managers and its approach to liquidity.