The Evercore Wealth Management Macro Opportunity Fund, a diversified mutual fund offering, is closing after just a little more than a year on the circuit.
The fund, which bets on fixed income, equity, currencies and commodity-linked instruments and launched in November 2011, is liquidating on February 14 because of “the anticipated redemption of substantially all assets of the fund” according to a regulatory
The $84 million fund is managed by John McDermott and Brian Pollak. It charged a management fee of 75 basis points.