Fund administration service provider
Funds will be able to join Two Roads, which will be overseen by an independent board of trustees, in the third quarter of 2012.
"The mutual fund industry continues to embrace alternative investment strategies during this volatile market, and we look forward to working with Cole-Frieman to help emerging advisers reap the benefits of implementing their own alternative strategies," said
"We are confident that we have found the right partner for executing this venture because Cole-Frieman has not only established an impressive footprint in the hedge fund sector, but its presence on the
Two Roads, like Gemini's three
"We are very excited to work with Gemini Fund Services to launch
"The convergence of lower barriers of entry and historical demand for alternative mutual funds has created an unprecedented opportunity for hedge fund managers to raise assets through a shared trust," he said.
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