Aurora Investment Management (IM) is rolling out a few separately managed accounts (SMAs), HFMWeek reports. The Chicago-based fund-of-hedge-funds manager will launch the accounts by the end of 2011. The SMAs, each with a minimum investment of $100 million, will replicate the firm’s flagship Aurora, a global multi-strategy offering. The firm is scheduled to unveil the separate portfolios due to demand from institutional investors, including both public and corporate pensions and sovereign wealth funds.
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