Hedge Funds

Havens ups ante with leveraged doppelganger


Havens Advisors, the firm founded and managed by Nancy Havens-Hasty, has responded to investor demand for a leveraged version of the firm's original vehicle and is also readying a January 2006 launch of a leveraged counterpart to the firm's international fund.

The Havens Partners Enhanced Fund is based upon the original Havens Partners, a domestic event-driven fund started in 1996. However, it employs up to 1.75 times leverage of the original fund. It will also maintain discretion over trades, so it won't be a complete mirror.

Like its forebear, the Enhanced fund will be