Goldman Sachs Asset Management has launched an alternatives fund aimed at individual investors, a market that Citigroup has predicted will triple in size to almost $1 trillion by 2017.

Goldman Sachs said in a statement that it is launching the Goldman Sachs Multi-Manager Alternatives Fund, which uses a mutual fund structure to invest in a range of alternative strategies, including equity long-short, dynamic equity, event-driven and credit, relative value, tactical-trading, and opportunistic fixed income strategies.