Chicago-based investment manager, Tusker Capital, is seeking to launch a new long/short fundamental strategy hedge fund, HFMWeek reports. The Tusker Investment Fund will be focused on commodity-related equities and futures.
It will roll out in May 2011 with $20 million in commitments from global high-net-worth individuals, along with an Asia-based institution. The majority of Tusker Capital’s managed account investors will also transition into the hedge fund, which has a $500 million capacity. Anuraag Shah will be portfolio manager.
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