Sat, Feb 6, 2016
A A A
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider