Last Atlantis creates new 130/30 strategy

Last Atlantis Capital Management introduced the LACM Long/Short Equity Share Class W, a 130/30 strategy investing in the firm’s master-feeder hedge fund, Last Atlantis Partners Fund, along with 14 other strategies. The fund’s investment team uses a bottom-up fundamental approach for 75% to 85% of assets. “The objective is to diversify equity positions over multiple timeframes and equity baskets to minimize volatility impact and deliver consistent performance over the long term,” Irwin Berger, managing partner, said in a news release.