Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.
Toronto Firm Launches Hedge Fund of Funds
According to an announcement from Pro-Hedge Funds Inc., its Pro-Hedge Multi Manager Elite Fund will carry an initial investment minimum of $5,000.
The company’s news release said the offering is a multi-manager, multi-strategy hedge fund that will allocate assets among managers selected by Pro-Hedge Funds Inc., including Jim O’Donnell, Frank Mersch , Eric Sprott , Gene Vollendorf , and Dennis Heskell of Chicago-based Mansur Capital.
Pro-Hedge has hired Lawrence & Co. as investment advisor to the fund. Also included on the eight-person Investment Advisory Board is former Bank of Canada head John Crowe, former Burns Fry chair Jack Lawrence and Monty Gordon of Gordon Capital.
For more information go to www.pro-hedge.com .