An 11-year-old liquid alts mutual fund shop in the Midwest recently crossed a 10-figure milestone.
| Kevin Michael Kinzie|
LoCorr Fund Management, LoCorr Distributors
, CEO of LoCorr Funds
that LoCorr has surpassed
$3 billion in AUM. That's up about 50 percent since the beginning of 2021, less than a year and a half ago.
Kinzie also notes that the LoCorr Long/Short Commodities Strategy Fund
, a multi-manager commodities strategy, has passed the $1-billion mark.
LoCorr was founded by Kinzie in 2011, and the firm debuted its first fund that year. The alternatives-focused boutique is based outside Minneapolis in Excelsior, Minnesota.
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