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For Part One, please see: here.
From Kirsten Bischoff, Opalesque New York: The $25m long/short macro VS Diversified Asset Fund has returned +11.4% to investors so far this year (through November), and 10.9% in 2007. Launched in September of 2006, the Fund invests in futures across equity indices, US gov’t bonds and notes indices, commodities, and currencies. The portfolio is rebalanced monthly, and has used less than 2x leverage since May 2008. It has no lock-up, no redemption penalty for 1st year withdrawals, monthly liquidity, and outstanding transparency.
VS Diversified Asset Fund is one of several vehicles managed by $500m Texas-based firm EAM Partners, which was founded in 2001 and is overseen by Victor Sperandeo .
For a fund such as VS Diversified Asset Fund, the performance and pedigree which many seed vehicles and institutional investors require are evident. However, the current credit crisis, and the rapidly changing future of the hedge fund industry seem to indicate that acceleration capital will be difficult for smaller, well performing funds such as this to obtain until at least midway through next year.
Is it possible for positive outperformers to get the attention of seed firms?
We put the question to Ian Tracey, co-fou...................... To view our full article Click here
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