Funds of Hedge Funds

Alternative Advisors changes its name following UCITS launch


London-based specialist investment manager Alternative Advisors has changed its name to Castillon Capital following the launch of its UCITS hedge fund.

According to a statement from Castillon the name change reflects the success of the launch of the Castillon Diversified Fund and the focus of the firm on investment management.

Castillon Diversified Fund is a UCITS multi-manager investment vehicle launched in June 2010 with assets of around $80.1 million (€60 million/ £50 million) and has returned 1%, according to the Absolute UCITS database. The fund is managed by William Kitchin.

The objective of the fund is to generate