MSIM Launches Second Retail Fund-of-Funds

Aug 11 2006 | 12:00am ET

Morgan Stanley Investment Management has launched its second retail fund-of-hedge funds program, hoping to raise $300 million for “special tax status investors,” including tax-exempt and tax-deferred individual investors and smaller institutional investors.

The Absolute Return Fund STS will have a $100,000 minimum investment, and follows on the heels of the April release of the Alternative Investment Partners (AIP) Absolute Return Fund, which is for taxable investors.

Morgan Stanley AIP was founded in April 2000 and manages portfolios of hedge funds and private equity assets. The Funds are managed by AIP’s Liquid Markets Team, which is headed by Mustafa Jama.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note