Launches & Closures

Double Eagle launches new directional multi-strategy fund

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Double Eagle Capital Management in Texas is expanding its traditional multi-strategy emphasis with the introduction of the Double Eagle Medalist Fund on 1 April.

The new fund will be similar in its focus taking a macro view of the markets via a multi-strategy programme that will also include a select group of satellite managers that are more directional in focus. The flagship fund, the Double Eagle Capital Ace Fund, has been twice nominated for the InvestHedge Awards including this year for the five year performance award for a Global Multi-Strategy Fund under $500 million.

Double Eagle’s founder Trip