Hedge Funds

JC Clark to launch Canadian long/short fund


Toronto-based hedge fund manager JCClark announced it is launching a new fund this summer aimed specifically at institutional investors. The new fund, to be called Loyalist Capital, has been beta tested with $10 million of capital from Canadian investors for two years, generating about 11% per annum in testing. The long/short equity fund will focus exclusively on Canadian equities and will be open to both U.S. and offshore investors.

The fund is a response to demand from Canadian institutions that wanted an exclusively Canadian fund advised by a firm with an informational advantage in the market, according to