Wood Creek venture fund to invest in 'alternatives to alternatives'

Fri Aug 19, 2005

A venture capital fund has recently been formed by Babson Capital and Norfolk Management Group that will seed startup hedge funds with unusual investment strategies.

"We won't have long/short equity or the typical mainstream strategies," says John Hellerman, CEO of Norfolk and Wood Creek Capital, the joint venture company created by Norfolk and Babson. "These will be funds with hard to classify strategies - things like hard...

ISSN: 2151-1845 / CDC10004H

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