Crestline eyes Lyster Watson FoHF assets

Tue Jun 5, 2012




Crestline Investors is all about looking for value in distressed opportunities in the hedge fund space. Indeed, it even has an investment fund to capitalise on them. But as part of its opportunistic growth plan, the Forth Worth, Texas-based firm is set to buy the residual funds of funds assets of Lyster Watson, as the New York-based firm pulls out of the multi-manager industry in favour of single-manager selection and proprietary replication...

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