361 Capital To Launch Single-Manager Liquid Alts Funds

May 20 2014 | 9:29am ET

Denver-based fund of hedge funds 361 Capital is launching the first in a series of single-manager liquid-alternative mutual funds.

The 361 Global Macro Opportunity Fund—which should begin operations by July 1—will be run by 361's Blaine Rollins, a Janus Capital vet, and will invest in a wide range of asset classes that provide exposure principally to U.S. and foreign equity securities, fixed income securities, commodities and currencies.

The first launch will be followed by those of other '40 Act vehicles sub-advised by hedge fund managers and managers of alternative mutual funds. Distribution will be carried out through a hybrid strategy that mixes marketing automation, technology and a strong sales force—primarily registered investment advisors.

“With the growth of liquid alternatives that is expected over the next five years, particularly among hedge funds looking to enter the ’40 Act space, we believe there is an opportunity to expand our fund offerings,” said Tom Florence, CEO of 361 Capital, in a statement. “We believe we are well positioned to take advantage of that opportunity because of our track record with the 361 Managed Futures Strategy Fund, a counter-trend strategy, and our success raising money through financial advisors.”

Founded in 2001, 361 Capital specializes in managed futures, long/short equity, multi-strategy, and global macro strategies accessible through mutual funds, limited partnerships, and separate accounts.


In Depth

MiFID2 For U.S. Firms: Key Questions Answered

Feb 27 2017 | 4:54pm ET

The January 2018 deadline for implementation of the EU’s mammoth MiFID2 regulations...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of