(FINalternatives) Alternative investment manager Formula Growth is prepping a new hedge fund that will focus on small and medium-sized U.S. stocks.The new fund will be domiciled in the Cayman Islands, according to a Bloomberg article, and will aim to mirror the company’s C$300 million Alpha Fund. Alpha is a market-neutral strategy that has gained 3% so far this year and returned 8.4% in 2016.
Formula Growth Said to Launch New US Equity Hedge Fund
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