Carlyle Group is teaming up with TCW Group to offer three mutual funds that provide ordinary investors access to hedge fund-like bets, a recent regulatory filing reveals.
As an adviser for the three new mutual funds, TCW will employ Carlyle’s hedge-fund team, known as Liquid Markets Solutions, to make investments.
Carlyle in retail push despite early setbacks
According to the regulatory filing, the TCW/Carlyle Trend Following Fund will utilize computer models to identify and bet on price trends, while the TCW/Carlyle Liquid Tactical Fund will actively invest across a wide spectrum of instruments. The third fund, the TCW/Carlyle Absolute Return Fund, will allocate capital across the trend-following and tactical strategies, and may...


