Cross Shore Capital Management LLC

Overview

The Fund operates as a “fund of hedge funds” and provides investors access to a variety of professionally managed private investment funds that predominately employ equity long/short strategies (each a “Portfolio Fund”). The Fund’s investment objective is to seek rates of return over a full market cycle that exceed the average rate of return of the HFRX Equity Hedge Index with capital draw downs and overall volatility less than broad U.S. equity market indices. A capital draw down is a period during which the Fund’s net asset value (the “NAV”) is below its most recent, highest NAV. The HFRX Equity Hedge Index, an equally weighted performance index, consists of investment managers who maintain positions both long and short in primarily equity and equity derivative securities.

Active investor