A multialternative mutual fund just dropped one of its subadvisors not quite a year after that subadvisor came on board.
Orinda Asset Management revealed
| Craig Kirkpatrick|
Orinda Asset Management
Managing Partner, President
in a recent filing that, effective September 23, Rothschild Investment Corporation
is no a longer a subadvisor to the two-star, $29.2-million Vivaldi Orinda Macro Opportunities Fund
. Crescat Portfolio Management
and Vivaldi Asset Management
will continue to subadvise the fund, which first launched in April 2012.
Rothschild president Bart Bonga
and senior PM Robert Piton
were first added to the fund as PMs on October 20, 2014.
could not reach Orinda managing partner Craig Kirkpatrick
or Rothschild's Brad Drake
for comment on the change.
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