Wed, Oct 7, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Carol Pepper: family offices as advisors and investors

Friday, April 05, 2013

Bailey McCann, Opalesque New York:

Carol Pepper has been running a multi-family office since 2001. Her firm, Pepper International operates on a fully virtual basis allowing her to assemble the best possible team for each family based on their specific needs. She recently explained the success of this model in an Opalesque TV interview.

"Hedge funds are shutting down and becoming family offices because they are a bit frustrated with all the regulation, and frankly, if you are very successful and you have made tons of money, like George Soros for example, you really don’t need outside clients anymore," Pepper explains.

She notes that for very successful hedge fund managers it may be worthwhile to consider setting up family offices for their principals. "While a good portion of their funds stay invested into the hedge fund, it is good to diversify, to take some of that money off the table."

Family offices also provide additional services beyond diversification. Under the umbrella of a family office, services include personal security, estate planning, legal advice, and insurance. Family offices can also help individuals or a group of fund principals manage succession planning to ensure that both their families and the firm are taken care of.

"It’s very important that hedge fund family offices do a business plan before they start operation. Really survey the prin......................

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. U.S. hedge funds prepare for worst finish this year since 2008[more]

    Komfie Manalo, Opalesque Asia: U.S.-focused hedge funds are preparing for their worst year since the 2008 global financial crisis, following a series of letdown including the market sell-off in August and the sell-off in healthcare and biotechnology sectors last month, reported

  2. Investing - AQR Capital and Renaissance Technologies raise stakes in Southwest Airlines[more]

    From In the previous part of this series, we saw how institutional investors played Southwest Airlines (LUV) in 2Q15. Now let’s move on to the trades executed by key hedge funds in Southwest Airlines over the same period. … Most of the hedge funds that had significant exposu

  3. DoubleLine’s Jeffrey Gundlach warns of another round of market shakedown[more]

    Komfie Manalo, Opalesque Asia: DoubleLine Capital co-founder Jeffrey Gundlach is painting a bleak future as he warned that the U.S. equity market and other risk markets, such as high-yield "junk" bonds, are facing another round of selling pressure. Gundlach said in an interview with

  4. A hedge fund strategy that seems to have fizzled[more]

    From The hedge fund strategy that has attracted the most money this year is on course to cause some of the biggest losses for investors, in the latest example of the dangers of going with the crowd. Institutions and individuals have piled an estimated $20 billion (Dh73 billion) into ma

  5. Hedge fund Barnegat survives September’s market selloff[more]

    Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%. Treue said in his monthly report to i