Sag Harbor Firm Goes Global With Emerging Markets Fund

Hedge fund firm Treflie Capital Management is gearing up to launch an emerging markets fund-of-hedge funds on July 1. The new offering will have approximately 20 underlying managers, most of whom have a regional or country specific focus.

Jason Whitt, director of research at the Sag Harbor, N.Y.-based firm, said that what makes the new fund different from the majority of emerging markets funds is that isn't just focused on the BRIC countries (Brazil, Russia, India and China), but has exposure to Asia, Latin America, the Middle East, Sub-Saharan Africa and the CIS (Commonwealth of Independent States).