BOSTON (HedgeWorld.com)–The hedge fund firm launched by former Commonfund and HVB Alternative Investment executives is making a new bet on Tuckerbrook Alternative Investments.
New York-based Hardt Group is making an investment in the Tuckerbrook business and in its latest fund offering. The amount was not disclosed.
On Nov. 1, Tuckerbrook launched its first hedge fund–the Tuckerbrook Long-Short Value Fund. Moses Grader, spokesman for Tuckerbrook, declined to disclose the asset size of the new fund. Officials plan to launch a private real estate fund and a real asset fund in early 2005.
Jay Yoder, who headed up the endowment investments at Smith College, Northampton, Mass., and at Vassar College, Poughkeepsie, N.Y., founded Tuckerbrook earlier this year (see).