Sat, Dec 10, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

25% growth driven by pensions, endowments and foundations bolstering their in house hedge fund capabilities - PerTrac

Tuesday, February 22, 2011

amb
Jean Claude Issa El-Khoury
From Kirsten Bischoff, Opalesque New York:

A recent Preqin survey showed that 55% of hedge funds had increased their institutional client base during the past three years, with institutional investors forming on average 45% of a hedge fund’s capital. The number of pensions and endowments moving into alternatives is expected to climb even further as these underfunded vehicles need to secure higher rates of return in order to meet future obligations to their investors.

At the same time these pensions and endowments have been moving away from FoHF investing to bring hedge fund expertise in-house and FoHFs risk missing out on participating in the growth of this part of the hedge fund industry. It is perhaps the largest challenge facing fund of hedge funds post-financial crisis.

FoHFs that have survived the financial crisis are making their move to recapture the attention of these institutional investors, one of which is by bolstering the way they approach building out their manager portfolios. PerTrac, a software provider that specializes in analytics, reporting, and communications for investment professionals now estimates that one third of all fund of hedge funds utilizes their software.

According to Jeff Hendren, co-President of PerTrac, “Funds of hedge funds are recognizing that their growth will be dependent on addressing increasing investor demand for greater transparency, consistent reporting and more exhaustive analysis based on reliable data. We b......................

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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest