Hatteras Alternative Mutual Funds has tapped Princeton, New Jersey-based Battenkill Capital Management Inc. as sub-advisor.

Battenkill will employ its market neutral strategy on behalf of Hatteras funds.

In a statement, Rick Franzen, portfolio manager at Battenkill, said Battenkill will primarily utilize pairs trades, combined with overlay directional trades within the energy, industrials and basic materials sectors.

Battenkill was founded in 2007.  

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