Tue, Mar 20, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Rothstein Kass: Separate accounts and seeding are becoming significantly important in the hedge fund world

Thursday, April 26, 2012

Benedicte Gravrand, Opalesque Geneva: According to Rothstein Kass’ sixth annual survey of the hedge fund industry, one issue that is striking is that separate accounts and funds of one (aka managed accounts) are gaining ground and now nearly equal the number of offshore products. Furthermore, more than half of the funds polled would consider creating a separate account for investors who’d put in $50m or more.

The survey, out this month, was conducted in January 2012 among 400 hedge fund firms, representing more than 770 vehicles, and based primarily in the U.S.

And UCITS-compliant funds, popular in Europe, are not quite making it in the U.S. As this vehicle does restrain investment capabilities a great deal, this is not surprising.

Another unsurprising fact is that there are still less emerging hedge funds than there were prior to 2008; pre-2008 was a boom period for a young and carefree industry. No longer.

At the same tine, almost 80% of respondents believe seeding is critical to a successful launch this year.

Rothstein Kass has seen a proliferation of seeders and early-stage allocators within the last 12 to 18 months. Meredith Jones, director at Rothstein Kass expects this to continue, as emerging managers are a good source of alpha, which investors seek, and are more dependent on seed capital. "In fact, we expect the industry to find more ways to get institutional capital to emerging funds, perhaps through separate ......................

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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From FT.com: Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/Streetinsider.com: Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t