By a News Reporter-Staff News Editor at Investment Weekly News -- Evanston Capital Management, LLC, an alternative investment firm with approximately $4.9 billion of assets under management, is pleased to announce the launch of the Evanston Alternative Opportunities Fund (the "Fund"). The Fund is a closed-end, non-exchange listed, management investment company registered under Investment Company Act of 1940 and the shares of which are registered under the Securities Act of 1933. The Fund commenced operations on July 1, 2014. The Fund is available to U.S. accredited investors, including ERISA accounts, has an initial minimum investment of $50,000 and offers Form 1099 tax reporting.
Evanston Capital Management has historically offered private funds-of-hedge funds available solely to qualified purchasers. The Fund is intended to complement these private vehicles and has a similar strategy to Evanston Capital Management's flagship fund-of-hedge funds that was launched in 2002. The Fund seeks attractive long-term risk adjusted returns and seeks to achieve its objective by investing substantially all its assets in underlying hedge funds, many of which seek to achieve their investment objectives with minimal correlation with traditional equity or fixed income indices. As of July 1, 2014, the Fund has exposure to the following strategies: Long/Short Equity, Relative Value, Event Driven, and Global Asset Allocation.
"We've received many requests over the years for funds accessible to a wider range of investors," said Adam Blitz, Principal, CEO and CIO of Evanston Capital Management. "We are very pleased to launch the Evanston Alternative Opportunities Fund and to offer Evanston Capital Management's first registered version of our fund-of-hedge fund strategies to accredited investors. As with our private offerings, we will apply our extensive experience in hedge fund selection, portfolio construction, operations and risk management as we strive to realize attractive long-term risk-adjusted returns for the Fund's investors."
For information about the Fund or to request a prospectus, please contact Carl Gargula, Vice President - Business Development of Evanston Capital Management at 847-328-4961. About Evanston Capital ManagementEvanston Capital Management, LLC ("ECM") is an alternative investment management firm focused on providing multi-manager hedge fund programs for institutional and high net worth investors. Formed in 2002, ECM manages a variety of strategies emphasizing more concentrated portfolios, and ECM seeks to identify portfolio managers in which ECM has gained high conviction. ECM manages commingled funds and offers customized solutions to clients looking to tailor their hedge fund program. ECM has approximately 300 institutional investor relationships and approximately $4.9 billion in assets under management. For more information, please visit www.evanstoncap.com.
NOT FDIC INSURED/NOT BANK GUARANTEED/MAY LOSE VALUEForeside Fund Services, LLC Distributor Before investing, you should consider carefully the Fund's investment objectives, limited liquidity, risks, charges, and expenses. This and other important information is contained in the prospectus. Prospective investors should read the prospectus carefully before investing. You can obtain a copy of the prospectus by contacting ECM at firstname.lastname@example.org or calling 847-328-4961 or by requesting a copy from your financial professional.
Keywords for this news article include: Finance and Investment, Investment and Finance, Evanston Capital Management.
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