12/10/2011 Author: Elana Margulies

Matarin launches market neutral fund to investors

Matarin Capital Management is launching its new market neutral offering to institutional investors.

The move follows previous reports in HFMWeek that the Connecticut-based firm was preparing to debut two hedge funds over the course of 2012.

The fund, called the Market Neutral US Plus Fund, which debuted at the end of March, will target fund of hedge funds, endowments, foundations and family offices to reach its capacity of at least $2bn in assets under management (AuM).
“We have many years of experience managing a similar strategy for institutional clients and we are looking forward to building a similar track record at our own firm,” said Nili Gilbert, co-founder.

“Our market neutral strategy is truly market neutral, unlike some long/short strategies which have a bias to be slightly long. We are able to take advantage of investment views without being subject to the current volatility in the market.”
To assist in boosting the fund’s AuM, Matarin last month hired Goldman Sachs veteran Marta Cotton as principal and director of client development.

In this role, she will focus on client relationship management and marketing efforts. She spent 16 years at Goldman Sachs, most recently in senior relationship management, where her clients included hedge funds, pensions and mutual funds.