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Steben & Co. Launches Multi-Stategy Hedge Fund

Apr 03, 2014
Jing Chen

Alternative investment firm Steben & Company has launched a multi-strategy hedge fund.

Maryland-based Steben announced in a statement released Wednesday that the new fund’s objective is to “seek capital appreciation with low long-term correlation to traditional public equity and fixed income markets, while also attempting to maintain a low correlation to managed futures and Real Estate Investment Trust (REIT) markets.”

As of April 1, the fund was invested across eight managers and four hedge fund strategies including equity long/short, global macro, fixed income relative value, and equity market neutral.

Launched in 1989, Steban was founded by CEO and president Ken Steben.

 

 

 

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