Tue, Dec 23, 2014
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 offices 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. Hong Kong-Shanghai stock link fails to live up to expectation so far[more]

    Komfie Manalo, Opalesque Asia: In a report, Reuters said that demand has been subdued with the bulk of activities coming from short-term speculative investors. Las

  2. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  3. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  4. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for

  5. CFTC Revokes Registrations of Illinois Resident Aleks A. Kins and Chicago-based AlphaMetrix, LLC[more]

    Matthias Knab, Opalesque: The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its