Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity funds as well as various quantitative funds, a September 27 Bloomberg Brief report noted. In expressing a desire for noncorrelation, Voyager Management is hopping onto a logical trend. In looking for smaller fund managers, the fund of funds operator is stepping into a controversial topic.
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