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This hedge fund is targeting the investor other funds don’t want

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Michelle deBoer-Jones
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Most hedge funds are trying to grow as large as they can with as many assets under management as possible, but one fund is bucking the trend. Fate Capital is just starting up, and it was founded with the average investor in mind—rather than just high net worth individuals.

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A hedge fund for the average investor

Of course, to invest in hedge funds, you have to be an accredited investor, which currently means a net worth of at least $1 million or $200,000 in annual income ($300,000 for couples). This definition is being expanded to include professionals with certain licenses, which should increase...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.