Sat, Oct 22, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Emerging hedge fund managers and specialist credit managers dominate fund raising in 2013

Monday, November 18, 2013

Beverly Chandler, Opalesque London for New Managers:

Vantage Point, the third party fund placement group, has reported on key trends in fundraising during the second and third quarters of 2013.

The group found that the rise in the US equity markets coupled with the Fed’s continued easing has pushed many investors, unable to find suitable yield, to shift their focus away from the credit markets and into equity strategies. They write: "One exception to this has been the interest in specialist credit managers such as European Distressed. In 2011 & 2012, some of the most desired strategies were Structured and Distressed Credit. Now, many of those same investors have filled these buckets with high performing funds and have spent much of 2013 looking for L/S Equity funds. Going into 2014, we have seen an uptick in interest for International Equity and European Equity managers."

The firm has seen an increase in appetite for higher beta strategies including L/S Equity and Event Driven. "Interest in these funds has very much mimicked the overall performance of the equity markets. We expect allocations to this space to continue through the end of the year into 2014" they write.

During Q2 and Q3, the firm has also witnessed an increase in appetite for specialized investment strategies. "Certain investors have filled their main portfolio buckets and have looked to managers focused on niche strategies to round out ......................

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. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion