LoCorr Funds acquired Steben & Company.

LoCorr Funds, a leading provider of low-correlating investment strategies, acquired Steben & Company, an alternative investment innovator that launched its business in 1989. Financial terms were not disclosed. “This is a very exciting time for our business. The acquisition of Steben & Company was a natural fit and will increase our ability to offer a growing suite of solutions to our partners, with the ultimate goal of diversifying portfolios.” Kevin Kinzie, Chief Executive Officer of LoCorr Funds.