Evanston
Evanston Capital Management is an Evanston, Illinois-based alternative investment advisory and fund management firm specializing in hedge fund-of-funds and multi-manager alternative strategies for institutional investors. The firm has spent more than two decades building a differentiated approach to hedge fund manager selection and portfolio construction, serving institutional clients including endowments, foundations, pension funds, and family offices. Evanston's investment process is grounded in rigorous, systematic manager due diligence that evaluates investment strategy, portfolio construction, risk management, operational infrastructure, and alignment of interests before committing capital to any underlying manager.
Evanston's flagship investment strategies span multi-strategy and opportunistic hedge fund portfolios designed to generate attractive, risk-adjusted returns with low correlation to traditional equity and fixed income markets. The firm takes an active, engaged approach to portfolio management, continuously monitoring underlying managers and dynamically adjusting allocations in response to changing market conditions, manager performance, and portfolio risk characteristics. Evanston's selective manager universe is built on long-term relationships with hedge fund managers across global macro, relative value, event-driven, and equity long/short strategies, with a particular emphasis on finding niche and capacity-constrained managers that offer more differentiated return streams.
Evanston Capital Management serves as an outsourced alternative investment solution for institutional investors that desire access to a diversified portfolio of hedge fund strategies without building an in-house alternatives team. The firm's boutique structure enables highly personalized client service, including customized portfolio construction to meet specific client mandates and guidelines. Evanston's long track record, institutional investor base, and singular focus on hedge fund-of-funds investing position it as a credible and experienced specialist in the institutional alternatives advisory and fund management space.