Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity funds as well as various quantitative funds, a September 27 Bloomberg Brief report noted. In expressing a desire for noncorrelation, Voyager Management is hopping onto a logical trend. In looking for smaller fund managers, the fund of funds operator is stepping into a controversial topic. Also see Q3 hedge fund letters Voyager Management…
Voyager Management Wants To Invest In Smaller Hedge Funds
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.