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Oakley Absolute Return: Oakley Capital

While Oakley Capital may not have started with the proverbial acorn, its absolute return fund of hedge funds is achieving positive results and showing steady growth in terms of assets under management. Margie Lindsay talks to the fund about its achievements and hopes.

Capital protection has become something of a mantra for funds of hedge funds (FoHFs). For Oakley Absolute Return (OAR), part of the Oakley Capital Group, it is not a mindless recitation.

The fund, launched in July 2005 with over 50% of the assets coming from the founding partners, has a strong incentive to ensure profits and - more importantly - not to lose any money. The two principals of the

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