International fund of hedge funds Grosvenor Capital Management is taking a stab at the mutual fund space with…an alternative fund of funds.

According to a regulatory filing, the planned Grosvenor Alternative Strategies Fund, a “feeder” fund that invests substantially all of its assets in the Grosvenor Alternative Strategies Master Fund, will feature underlying managers with exposure to activist investing, commodities, credit, distressed investing, event driven strategies, macro strategies, managed futures and short equity among other strategies.

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