Tue, Apr 16, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Family Office Networks expands hedge fund platform to meet growing demands of family offices

Wednesday, December 21, 2016
Opalesque Industry Update - Family Office Networks is expanding its Hedge Fund Division to help a select group of emerging and established investment managers raise assets from the fast-growing family office sector.

“New managers typically rely on ‘friends and family’ money or perhaps a key investor to launch their fund. Once they’ve launched, however, they want allocations from family offices but find them to be hard to identify and get in front of to tell their story. That’s where we come in. Our group has a global network of 7000 family offices and we understand the investment preferences of every one of them,” said Andrew Schneider, Founder and President of Family Office Networks.

According to Family Office Networks, family offices’ appetite for various hedge fund strategies is dynamic and strategies fall in and out of favor on an on-going basis. At present, popular strategies include equity-based strategies such as Long-Short, Global Macro and Market Neutral, among others.

With family offices controlling $4 trillion in investment capital and hedge funds managing nearly $3 trillion, the opportunity is clear. Yet even hedge fund managers with strong performance numbers may still find it challenging to arrange meetings with family office allocators.

“The goal of Family Office Networks’ expanding Hedge Fund Division is to partner with only best in class hedge fund managers and help to introduce them to potential family office investors. Our track record is unsurpassed as our interests are aligned with the family offices who depend on us to help them identify the best possible hedge funds with which to invest based on their individual needs,” Schneider said.

For information about Family Office Networks’ Hedge Fund Platform and to list your fund for FREE, please email marketing materials to HedgeFunds@FamilyOfficeNetworks.com or contact Andrew Schneider at Andrew@familyofficenetworks.com.

Family Office Networks was founded by the Schneider Family Office as a community for families to share information about potential investments, (real estate, VC, private equity, etc.) funds, portfolio management, record keeping, philanthropic management, multi-generational wealth management, compliance, regulatory assistance, risk management, insurance, life management, shared asset perks, training and education.

Bg

Article source - Opalesque is not responsible for the content of external internet sites

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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