Hedge Funds

Trilogy Convergence opens with Scarth at helm


New York-based Trilogy Advisors, a global equity mutual fund advisor with $5.5 billion under management, recently opened a long/short equity fund, that it has been running internally to outside investors, with $33 million in assets.

Neil Scarth : runs new Triology Advisors

The fund is run by Neil Scarth, the former principal of Symmetry Management, a quantitative-oriented long/short equity fund that was shuttered early last year after a period of volatile performance.

Trilogy Convergence is the third hedge fund to be backed by the mutual fund advisor. The firm also runs a quantitative U.S. equity fund