Alternative investments are used by investors for portfolio diversification into asset classes that historically offer returns independent of those in the equities and fixed income markets.  Alternative investments are typically structured as managed vehicles using single or multiple strategies and include hedge funds, managed futures, commodity pool operators and private equity funds.   Pi Capital offers a range of multi-manager portfolios that span the risk/return spectrum and offer tailored strategies to help meet clients' investment objectives.   We also offer manager review and due diligence of third-party alternative investments.  We identify managers based on skill and consistency in each asset class and style. Managers are ultimately selected utilizing a series of statistical screening and proprietary modeling techniques.   We utilize a top-down strategy allocation methodology combined with rigorous manager evaluations which seek to create portfolios with stable risk, return and correlation characteristics over the long-term.