Stonehenge Asset Management Launches New Fund

[Updated at 6:59 PM EST] – The Fund has updated their press release: We have received a press release from Steven A. Michaels of Stonehenge Capital Management announcing the start of a new fund by the group. The press release describes the fund as an extension of the already successful Stonehenge Diversified I Fund. This would make it the company’s third multi-strategy fund demonstrating the direction Michaels sees as the safest and most profitable in the future. In accordance with the company’s naming conventions the new fund will be called Stonhenge diversified fund III. The company had aimed to raise…