Hedge Funds

Highbridge launches market neutral fund for retail investors


Retail investors will have access to top investment talent from Highbridge Capital Management with the launch early next year of the Highbridge Statistical Market Neutral Fund. The long-only mutual fund, to be managed by the same equity team that oversees Glenn Dubin and Henry Swieca's flagship hedge fund, will be aimed at a mass affluent audience rather than high-net-worth and institutional investors the firm has historically served.

Highbridge parent J.P. Morgan Chase is marketing the Highbridge Statistical Market Neutral Fund to investors in its private wealth management group, pitching a minimum-investment level of $10,000, far less than the