New York – (HedgeCo.net) – There is a growing trend in the investment management community. Hedge fund managers are crossing over into the traditional money management space of mutual funds.

That is exactly what Greg Levinson of Schooner Investment Group did in early 2008. Levinson, a 15 year hedge fund veteran, launched the Schooner Growth and Income Fund (SCNAX) with the intention of bringing more sophisticated investment strategies into a mutual fund framework.

The mutual fund structure has a lot of appeal to investors; offering daily liquidity, full transparency, management fee only pricing, little to no leverage. Hedge funds offer sophisticated strategies, good risk management techniques, and a high talent pool to draw from. “It seemed a natural progression to merge some of the positive aspects of these two worlds, and we are pleased that Schooner Investment Group is on the front end of this emerging trend,” commented Levinson.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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