Hatteras Forms Sub-Adviser Partnership With Portfolio Advisors

Author:Mr George Silfen and Ronald M. Feiman
Profession:Kramer Levin Naftalis & Frankel LLP
 
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Private markets manager Portfolio Advisors will act as a sub-adviser to the $582-million Hatteras Core Alternatives Fund. Liquid alternative specialist firm Hatteras recently announced it would seek a new sub-adviser partner to improve the fund's performance. In selecting Portfolio Advisors, Hatteras said it would benefit "from more prudent and strategic utilization of hedge fund strategies specifically designed to offer...

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