Hedge Funds

Harch readies for Hegemony

by

Harch Capital Management, the $500-million fund manager based in Boca Raton, is planning to launch a new corporate bond strategy called Hegemony. Harch principal Michael Lewitt said Hegemony will be aimed at institutions and family office investors, who will have the option of investing in the strategy in either managed account or fund form. The strategy will be available in a plain-vanilla format that omits leverage and is long-only, as well as in leveraged long/short for those who can stomach a bit more risk.

In its unleveraged form, Hegemony will aim for annual returns in the high single