Wed, Sep 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Infovest21: Many family offices and small funds of funds are seeding hedge funds under the radar

Friday, May 10, 2013

Benedicte Gravrand, Opalesque Geneva: - In a special research report called "Start-Ups, Seeders and Strategic Stakes" (April 2013), Infovest21 analyses the trends and outlook within the hedge fund seeding community. Infovest21, an information services company for the hedge fund industry, notes that the term "seeding" should be interchangeable with "acceleration capital." (see article on 2012 report here).

According to report, the seeders’ size and background affect their level of activity. The largest seeders, a handful of them such as Blackstone, Reservoir, Grosvenor, Brummer, do large deals ($100mn+ for 20% revenue share) and look for high pedigree managers. But a majority of their capital, maybe as much as two third of it, has not yet been deployed. The report cites Reservoir as an example, which raised more than $1bn but has done few deals so far, and Mariner which "is doing a large seed deal from Alaska Permanent Fund" but has only seeded a couple of managers so far.

Lois Peltz, president of Infovest21 and author of the report, says that much of the seeding is done under the radar screen by family offices that are looking for liquid and uncorrelated strategies and often do one-off, small sized dea......................

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. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  2. Studies - Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements, Cambridge: Look to private investments for best access to LatAm growth[more]

    Hedge funds’ study reveals vast disparity in types of investors securing side letter arrangements A new study of the hedge fund space by industry law firm Seward & Kissel LLP reveals a wealth of information regarding established hedge fund managers’ use of side letters—special agreements

  3. Activist News - Caesars 'optimistic' on deal with hedge fund creditors[more]

    From Reuters.com: Caesars Entertainment Corp said on Monday it remains "optimistic" of reaching a $5 billion deal with the bulk of its creditors to push its main operating unit out of bankruptcy, but one hedge fund bondholder said it will pursue litigation. Caesars offered a sweetened $5 billion set

  4. Hedge funds recover from losses as central banks give markets a respite[more]

    Komfie Manalo, Opalesque Asia: The Lyxor Hedge Fund index was up 0.4% from the week ending September 20 (-2.4% YTD), supported by the willingness of central banks to remain accommodative, Lyxor Asset Management said in its weekly briefing. It ad

  5. Perry Capital closing flagship fund after almost three decades[more]

    From Blooomberg.com: Richard Perry, one of the biggest names in hedge funds, is calling it quits after 28 years. Perry, 61, is winding down his New York-based flagship fund as the industry confronts one of the most tumultuous periods in its history. In a letter to investors Monday, he said his style