Launches & Closures

Tarchon closes FoHF doors, to return to global macro roots


Alberto Marolda
Tarchon Capital Management has decided to return capital to its funds of funds investors. The once $3 billion funds of funds business is not shutting up shop altogether, but is returning to its roots by building a macro business – as the firm did when it launched approximately 13 years ago.

Alberto Marolda, chief executive officer said: “After discussions with my colleagues and our clients, we concluded that our core business of low volatility, multi-strategy fund of hedge funds was no longer able to produce acceptable returns, given the high fee structures prevalent