Multi-Manager Push Gains Momentum

Two former Lighthouse Investment executives are nearing the launch of a novel multi-manager program that has been more than two years in the making.

Indications are that John FitzGibbon and Barry Timmins will start trading through their Alpha Paradigm Partners this year. While it’s unclear how much capital the Chicago operation will be running on day one, a source said its commitment pipeline grew at Context Summits’ “Miami 2020” conference on Jan. 29-31 in Miami Beach...