Privately held investment bank AH Lisanti Capital Growth Monday announced the launch of the Adams Harkness Small-Cap Growth Fund, a joint offering that will be managed by veteran fund skipper Mary Lisanti.

The focus of the fund is to seek capital appreciation by buying small-cap growth stocks. Lisanti’s approach combines fundamental research with a thematic trend analysis to help identify and invest in small companies. The no-load fund will use the Russell 2000 Growth Index as its benchmark and sport a net annual expense ratio of 1.65%

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