K2/D&S Management Co. (K2 Advisors) is launching Franklin K2 Alternative Strategies Fund this year. The fund aims to gain capital appreciation with lower volatility relative to the broad equity markets. Anticipated investment strategies are Long Short Equity Strategies, Relative Value Strategies, Event Driven Strategies, and Global Macro Strategies. David C. Saunders and William A. Douglass, III. will be the Founding Managing Director of K2 Advisors and PM of the fund. [SEC Filing]  

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