Hedge Funds

Ramsey Asset Management to debut new funds


McLean, Va.-based Ramsey Asset Management (RAM) recently launched a pair of funds with partner capital that it plans to open to outside investors later this year. The addition of these funds brings the firm's hedge fund strategy offerings to three. The firm has been managing its flagship Ramsey Long-Short Total Return for the past eight years.

The first new strategy is the Ramsey Short-Biased Fund. The fund looks to generate 500 basis points of alpha and is designed to have a negative correlation with U.S. equities. The firm has also launched Ramsey Managed Net Fund, which has a