ACE Launches New Sub-Funds

December 3, 2002 ( - Alternative Capital Enhancement (ACE) has launched three new single-strategy sub-funds of hedge funds.

The new sub-funds will allow alternative investors to build their own multi-strategy portfolio by combining the new compartments:

  • ACE Multi-Arbitrage – focusing on arbitrage and relative value strategies
  • ACE Long-Short – focusing on a variety of long and short equity strategies
  • ACE Macro – investing in Macro hedge fund strategies and CTA’s (Commodity Trading Advisors/Managed Futures)

Alternative investors can go to ACE’s Web site to utilize a simulation tool that assesses risk return profiles resulting from the different weightings of the ACE sub-fund strategies.