Mon, Feb 20, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

As US asset raisers look overseas, Mid-East investors anticipate raising hedge fund allocations – Capintro Partners

Monday, March 08, 2010

From Kirsten Bischoff, Opalesque New York:

US hedge fund marketing firms, and investor relations professionals have by and large, expressed the belief that the most lucrative fundraising opportunities in 2010 likely lay outside the US. According to a newly released survey, perhaps one of the most fertile asset raising grounds for hedge funds in the coming months will be the Middle East.

In a recent survey of MENA investors, UAE-based, alternatives investing placement specialist Capintro Partners, reports that 34% of respondents expressed intensions to increase hedge fund allocations during the year (with the majority of surveyed investors currently holding 10-15% of their portfolio in hedge funds).

Such an optimistic outlook for hedge fund asset-raising in this region is a stunning reversal over last year’s responses (in 2009 55% expected to lower hedge fund allocations), but in line with the industry inflows that have been gaining traction over the past few months.

What funds are in the sweet spot for these investors? According to the survey, the “perfect fund” would be one with a minimum of $500m in assets under management, 3+ years of strong performance track record, returns of Libor +400-600bps, low volatility, monthly liquidity, and monthly transparency on portfolio exposures.

Mid East-based investors also make it clear that whether it is through additional alloc......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. SoftBank to buy Fortress Investment for $3.3bn[more]

    From Reuters.com: Japan's SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world's largest private equity fund. The all-cash deal is SoftBank's first major investmen

  3. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  4. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  5. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed