Natixis Global Asset Management has launched the Aurora Horizons Fund (AHFAX), an alternative multi-strategy mutual allocated across multiple hedge fund managers. The fund is managed by Aurora Investment Management, a Chicago-based hedge fund shop.

The fund will have exposure to long/short equity, long/short credit, event-driven, short-biased, and macro strategies. It is managed by Roxanne Martino, chief executive and portfolio manager; Scott Schweighauser, president and portfolio manager; Justin Sheperd, chief investment officer and Anne Marie Morley, managing director of operational due diligence. It sports an expense ratio of 295 basis points.

“We actively reallocate the portfolio to a set of proven alternative investment managers to help the fund’s shareholders benefit from market fluctuations and strategy performance trends,” stated Schweighauser.

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