LJH Global Investments and Caprock Capital Advisors together launched...

LJH Global Investments and Caprock Capital Advisors together launched Caprock Advantage, their first fund of hedge funds, seeking to raise about $100 million from institutional and high-net-worth investors. LJH is known largely as a hedge-fund consultant, and Caprock, a large-cap growth equity manager. Their initial fund combines a fixed-income manager, two market-neutral managers and two long-oriented equity managers.