If it walks like a duck and quacks like a duck, it is a duck – but maybe not always. The SkyBridge Multi-Advisor Hedge Fund Portfolios is a fund of hedge funds that acts and behaves like a multi-strategy hedge fund.
"Our fund typically looks a bit more like a multi-strategy single manager fund than a more typical fund of funds. We will identify investment themes and allocate capital to them. But unlike a multi-strat where the team is all in-house, we use external hedge fund managers to implement