Private markets manager Portfolio Advisors will act as a
sub-adviser to the $582-million Hatteras Core Alternatives Fund.
Liquid alternative specialist firm Hatteras recently announced it
would seek a new sub-adviser partner to improve the fund's
performance. In selecting Portfolio Advisors, Hatteras said it
would benefit "from more prudent and strategic utilization of
hedge fund strategies specifically designed to offer volatility
dampening and liquidity management."
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