Funds of Hedge Funds

Aveon Group outlines its alternative to the FoHF model


As multi-managers set about re-inventing themselves, size and scale seem to be key to attracting institutional assets.

Jeffrey Landle

The latest platform about to hit the market is The Aveon Group, which is based in Marblehead, Massachusetts. It is loosely based on the affiliate model or multi-boutique set up adopted by many banks, such as Natixis and Bank of New York Mellon, with large asset management enterprises.

The Aveon Group, which is managed by the general partner, Aveon Management is in turn owned by the founding investors. It is an investment management firm focused on acquiring controlling interests in the general partners or managing members of a diversified group of hedge funds