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Simple Alternatives hires portfolio manager for hedge fund mutual fund

Pensions & Investments – Clark Jones joined Simple Alternatives as a portfolio manager for the firm’s S1 Fund, an $80 million long/short equity hedge fund-of-funds mutual fund.

Mr. Jones’ position is new, part of an expansion of the company’s investment team, said William Conboy, a Simple Alternatives spokesman. Mr. Jones will work with the S1 Fund’s investment team on hedge fund manager allocation and risk management.

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