HFIM issues FoHF for emerging hedge funds

Hedge Fund Investment Management (HFIM) has launched a fund of hedge funds that invests in emerging hedge funds. The Dublin-domiciled HFIM Multi-Strategy hedge fund, managed by Tushar Patel, will invest in between 15 and 25 emerging hedge vehicles. Strategies of the portfolios will include global macro, long/short, market neutral, event driven, commodity and managed futures strategies. HFIM is expected to launch six strategy and three regional-focused fund of hedge funds at a later date. All these products will invest in early stage hedge vehicles. Patel said: "There are three stages ...