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Liquid alternative investment firm Collins Capital closed down the Collins Alternative Solutions Fund, a mutual fund of hedge funds, after it suffered significant losses in 2015 that continued into 2016.
Liquid alternative investment firm Collins Capital closed down
the Collins Alternative Solutions Fund, a mutual fund of hedge
funds, after it suffered significant losses in 2015 that continued
into 2016. Collins launched the fund in 2012 and, despite a boom of
popularity in the liquid alternative funds space, it only attracted
$175 million of investments. The fund closed on Feb. 19 and will be
liquidated, according to a regulatory filing. Link To
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