Calamos Investments and Aksia have teamed up to launch their third interval fund, the Calamos Aksia Hedged Strategies Fund (HEDGX), expanding their AC Private Markets partnership to democratize hedge fund exposure. Effective October 1, 2025, this ’40 Act interval fund opens doors for both accredited and non-accredited investors to a curated portfolio of hedge strategies, blending alternative credit and private markets for diversified returns.
The fund aims to deliver institutional-grade hedging tactics in a more accessible wrapper, focusing on risk-managed growth amid market uncertainties. Building on prior successes, this launch taps into rising demand for alternatives as traditional portfolios face headwinds from inflation and geopolitics.
With hedge funds traditionally reserved for the ultra-wealthy, HEDGX could bridge the gap—but will retail investors embrace the complexity? It’s a game-changer for broadening access, potentially sparking a wave of similar products in the hedge space