Thu, Sep 21, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Family offices evolve their hedge fund strategy post-2008

Wednesday, October 17, 2012

amb
Angelo Robles
Beverly Chandler, Opalesque London:

Delegates at the Opalesque 2012 Connecticut Roundtable sponsored by Deutsche Bank, Taussig Capital and Eurex discussed the evolution of the family office�s role in hedge funds.

Angelo Robles, Founder and Chief Executive Officer of the Family Office Association recounted the fact that single family offices were the original early movers in hedge funds. "Going 10, 15 and more years back, family offices were practically the driver behind every major hedge fund, even the so-called hedge fund legends. That was way before seeding became popular among some institutions or fund of funds".

However, recent years have seen institutional investors move into the major hedge funds as consultants, committees and decision makers within institutions choose major funds, the equivalent of 'buying IBM� Robles said.

"That becomes an interesting dynamic" he said as you probably cannot go wrong making allocations to different $10 billion managers. "But I know the families that do not have the tax advantages, that have unique challenges, that have multiple distributions and other challenges, they need alpha in this challenging world".

For Ro......................

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. Asia - Hedge funds used to love shorting China. Now, not so much, Fledgling China FoFs require careful use: NCSSF, Amac, Japanese banks turn to PE, hedge funds for returns[more]

    Hedge funds used to love shorting China. Now, not so much From Bloomberg.com: A sharp devaluation. A credit crisis. And an economic hard landing. That's what some of the biggest names in the hedge fund industry were predicting for China after the nation's stocks and currency tumbled in 2

  2. Launches - Orchard launches new credit platform, ETN based on hedge fund to launch on the LSE[more]

    Orchard launches new credit platform Orchard Platform has rolled out Deals as a part of its new platform launch. With the addition of Deals to their suite of technology solutions for loan originators and institutional investors, Orchard Platform takes the next step in their evolution. De

  3. Neuberger Berman closes $1.1bn Credit Opportunities Fund[more]

    Neuberger Berman, a private, independent, employee-owned investment manager, announced that NB Private Equity Credit Opportunities Fund LP closed on $1.1 billion of limited partner commitments. The Fund seeks to invest in the secured and unsecured debt of private equity-backed companies, primarily i

  4. Capital Dynamics launches mid-market private credit business[more]

    Capital Dynamics, a global private asset manager, has launched a dedicated Private Credit Asset Management business. Experienced industry executives Jens Ernberg and Thomas Hall have joined Capital Dynamics to co-lead the company's new private credit initiative. They are based in Capital Dynamics' N

  5. ...And Finally - FAN-antic[more]

    From Newsoftheweird.com: Jeffrey Riegel, 56, of Port Republic, New Jersey, left 'em laughing with his obituary's parting shot at the Philadelphia Eagles. In it, Riegel asked that eight Eagles players act as pallbearers, "so the Eagles can let me down one last time." Riegel owned season tickets for 3