Hedge Funds

Anderson jumps on the long-only bandwagon

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Dwight Anderson's Ospraie Management is the latest hedge fund firm to lay plans to diversify its product line and investor base with a long-only fund. Anderson, whose firm manages just under $2 billion of capital, is getting ready to roll out the Ospraie Real Return Fund in May.

Ospraie's move into the long-only space follows the launch of William von Mueffling's long-only fund, Cantillon Global Value, this month. At the same time, Renaissance Capital in a recent letter to investors noted plans for its own long-only vehicle, even as it considers whether it will give back all of