Sat, Aug 30, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Transparency is key in raising capital for hedge funds

Thursday, December 01, 2011

amb
Mark Baak
From Precy Dumlao, Opalesque Asia

The current market volatility makes it a very challenging environment to raise capital for the whole hedge fund industry, particularly for the fund of hedge funds (FoHFs) space. This makes transparency and independent oversight very important. That was the consensus reached by various panelists in the latest Opalesque Netherlands Roundtable.

"When it comes to capital raising, I agree that transparency and providing information are of great importance to get there. I have never met an allocator who became more negative when he spent a lot of time on meeting hedge funds and knowing more about the hedge fund world. So for us as hedge fund selectors, that is the biggest task," Mark Baak, Head of Portfolio Management at Finles Capital Management said.

Robert Vennegoor, head the operation of Custom House Fund Services in the Netherlands, added that after the exposure of several fraudulent incidents following the 2008 financial crisis and the anticipated implementation of the EU’s AIFMD Directive, there had been an increased demand for an independent oversight of the compliance of the investment management process.

Besides, he continued, the Boards of the Dutch pension funds more often seek independent oversight of the collateral managemen......................

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest