Investcorp Asset Manage-ment has launched its second hedge
fund, a global multistrategy vehicle run by Minneapolis startup
Interlachen Capital Group.
The addition is part of a growth plan that calls for
Investcorp, a $9.5 billion New York alternative investment
firm, to add two to four new single-manager fund strategies a
year. The firm is targeting hedge fund strategies that have
high growth potential.
Investcorp Interlachen Multi-Strategy Fund will be run by
Andrew Fraley, the former head of market-neutral strategies at