FYI: Less than a year after launching its first fund, a multi-manager long/short equity fund, Balter Liquid Alternatives has filed for its second alternative mutual fund. The company’s second fund, the Balter Discretionary Global Macro Fund, will be seeded by converting an existing separately managed account (SMA) into the fund. By doing so, Balter will be able to use the track record of the SMA to market the new fund. The SMA has a track record dating back to 2008, which will give the new fund nearly seven years of performance out of the gate.
Regards,
Ted
http://dailyalts.com/balter-liquid-alternatives-files-second-alternative-mutual-fund/
