Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Directors want to be considered trusted partners by new managers

Wednesday, February 10, 2016

amb
Leanne Golding
Benedicte Gravrand, Opalesque Geneva for New Managers:

A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, she says. Directors are not there only for compliance, she adds, managers should see directors as trusted partners, who they can call and ask for advice.

Leanne Golding is a Senior Vice President of The Harbour Trust Co. Ltd, a Grand Cayman-based firm which provides directorship and related fund fiduciary services. She joined Harbour in 2009, after working at Goldman Sachs in the Cayman Islands for nine years.

Harbor particularly enjoys working with new managers who are setting up a best-in-breed shop from day one and who position themselves to be able to make it a multi-billion firm, she tells Opalesque. "But we understand and respect the fact that that takes time."

Harbour’s the take-on process includes getting a feel of the managers’ framework, their long-term and short-term goals, where they are headed, and where their seed capital comes from. "That way," she continues, "we can get a feel for whether they are going to match with our way of doing things. Obviously not every new manager is a good fit for us, but there is a good number of them out there......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1