SAN DIEGO (HedgeWorld.com)–Decision Capital Management LLC plans to reopen the DCM Alpha-Omega Fund to new investors on Oct. 1.
The Alpha-Omega fund uses a growth-oriented strategy and is managed by Kevin Wenck, according to Paul DiFrancesco, president of the company. The fund has US$3 million in assets, but some soft commitments are in place that could boost significantly its assets if they go through, Mr. DiFrancesco said.
Decision Capital is in the midst of restructuring its operation with the goal of providing a central operation for a string of complementary hedge fund strategies. As a result, Decision Capital executives are looking to purchase hedge fund operations Previous HedgeWorld Story.
In addition to the Alpha-Omega fund, Decision Capital already offers DCM Mosaic, a value-oriented long/short equity fund managed by Gary Farber and Walter Nightingale, and DCM Growth and Option Income Fund, a fund managed by Robert Ogilvie that combines long positions with covered options.