Everest ratchets down risk for latest offering

Thu Mar 30, 2006



Everest Capital Management has begun offering to investors a less volatile and less directional - but also likely less profitable - version of its high-performing global macro fund.

The new Everest Capital Alpha, which will begin taking investments on April 1 and is being referred to by Everest as a multi-strategy fund, will operate somewhat as a feeder...

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