Apr 27, 2010

Aduro to allocate to emerging managers

Aduro Asset Group, a Florida-based multi-strategy fund of managed accounts hedge fund, is expanding its emerging manager platform and making additional allocations following its launch last quarter.

R Nicholas Brack Jr, chairman and CEO, said the firm is growing its platform due to demand from an incoming institutional investor and will deploy capital to various types of fund strategies and asset classes with less than $100m in assets under management with the main focus on managing risk and transparency.

Please refer to this link :
http://www.hfmweek.com/news/527367/aduro-to-allocate-to-emerging-managers.thtml

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