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Legalist eyes ‘vastly higher yield’ with novel alt-credit gov’t receivables fund

San Francisco-based technology-driven hedge fund and alternative asset manager Legalist is circling U.S. government receivables with a novel alt-credit strategy that utilizes proprietary algorithms to mine data and unearth investment opportunities. The strategy, which has so far raised around $200 million from university endowments, foundations, and family offices, sees Legalist invest in short-duration credit assets….

Read the full article on The Alternatives Watch.