Stone Toro Asset Management will unveil a new long/short technology hedge fund, HFMWeek reports. The Stone Toro Alpha Tech Fund is an absolute return, relative-value long/short fund that will seek to invest in small and mid-cap U.S. equities in the technology sector. The new fund has a capacity of $500 million with Deutsche Bank as its prime broker. The New Jersey-based manager has run the strategy as a series of separate managed accounts since October 2010.
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