Property fund of hedge funds unveiled
TriAlpha has brought out a property fund of hedge funds called the TriAlpha Global Property Strategy fund. It seeks to invest in hedge fund managers specializing in the global property sector. Its portfolio includes funds from Credit Suisse, Thames River and New Star.
"With increasing uncertainty and volatility in the property sector, a hedge fund of funds approach to this asset class looks extremely favourable," says Cobus Kruger, director at TriAlpha. "The easy money has been made – given this volatility it’s time for the skills of hedge fund managers to be employed."
TriAlpha, asset management arm of the Stonehage Group, has a 10-year track record managing funds of hedge funds. Through Stonehage Property Partners it also has property investment experience.