Palm Beach Gardens, Fl.-based Lighthouse Partners, a fund-of-hedge-funds and managed account investment adviser has taken a minority stake in 361 Capital, a Denver-based provider of alternative investment mutual funds, separate accounts, and limited partnerships to institutions, financial intermediaries, and high-net-worth investors. Both firms will continue to operate independently.

In a statement, Brian Cunningham, 361 Capital's President and CIO, said his firm expects to leverage Lighthouse's expertise in creating alternative investment products to expand the firm's lineup of liquid alternative investment vehicles.

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