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NY Firm Launches HF-Like Mutual Fund

Sep 29, 2013
Jing Chen

Hedge fund manager Loeb King Capital Management announced Friday that it has launched a multi-strategy mutual fund that will employ a range of hedge fund and alternative strategies.

The New York-based firm said in a statement that the new fund began operating on Friday, which seeks to generate positive absolute returns and income with lower volatility than other traditional investment strategies.

Founded in 1985 by Thomas L. Kempner, Loeb King’s products include several hedge funds, '40 Act products and managed accounts.

 

 

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