Hedge fund launched

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Ancora West Advisors, an investment advisory firm headquartered in Reno, and FLC Management Co. LLC of Incline Village launched the Thunderbird-Tahoe Fund, a long-short hedge fund based at Incline Village.

Fred Crossman, managing partner of FLC, is a consultant for private investment portfolios. Robert Barone and Joshua Barone are principals in Ancora West, a wealth management and investment advisory firm.

Matt Marcewicz, a securities analyst and investment advisor/portfolio manager at Ancora West, will work as a consultant to the Thunderbird-Tahoe Fund.