At first glance Aurora Investment Management may look like a traditional fund of hedge funds (FoHF) operation. But scratch the surface and there are some unique characteristics that set the manager apart.
In the Aurora Global Opportunities FoHF, as in all other eight commingled funds it runs, a ‘blank sheet review' is done every year. "That's the starting point. We throw out the entire portfolio – figuratively, not literally – and start with a clean piece of paper, re-underwriting managers to ma