Denali To Launch Long/Short Equity Product
July 14, 2008
Denali Advisors is reportedly planning to join in on the long/short equity fray with plans to launch a 130/30 fund later this year.
The fund—Denali Equities +--will be marketed to institutional investors and be run by Michael Munson. He will apply the firm’s quantitative model to run the strategy.
According to published reports, the La Jolla, Calif.-based Denali will roll the product out with $25 million to $75 million in assets.
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