Bandon Unveils Absolute Return Fund

Bandon Capital Management has launched a new fixed-income hedge fund designed to cut down risk.

Bandon Capital Management has launched a new fixed-income hedge fund designed to cut down risk, PLANSPONSOR reports. The Bandon Isolated Alpha Fixed Income Fund has the flexibility to invest across global fixed income securities including strategies that go both long and short.

Its subadvisors include Logan Circle Partners, a unit of alternative investment firm, Fortress Investment Group, and Dix Hills Partners, a New York-based, institutional alternatives manager. The manager follows a systematized, credit neutral, directional active duration strategy focused on the U.S., the U.K, German and Japanese markets.

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