Since Hatteras Funds acquired the Alpha Hedged Strategies Fund in 2009 from AIP Mutual Funds, the fund family has grown to $700 million in assets under management. The investment firm promotes the Alpha Hedged fund as a "core alternative investment solution for hedge fund strategies," with multiple hedge fund strategies and hedge fund managers.

Robert Worthington has been president of the boutique, alternative Hatteras Funds in Raleigh, NC, since 2007. Starting last month, Worthington is taking part in Meet-the-Managers forums being held in five cities across the country in conjunction with the anniversary of the fund. Money Management Executive recently spoke with Worthington about the fund's investment process and why he thinks alternative funds are here to stay for the long term.

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