Thu, Jul 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers November 2012

Seeders' Corner - There is more to seeding than just a ticket size + Seeders' Corner news review

Opalesque New York Roundtable

Quite a lot was said during the recent Opalesque New York Roundtable about emerging fund managers and the business of seeding; which is why I am including an outline of this particular conversation here.

Matthew Denning said there are still some investors out there who are willing to take some illiquidity risk at the moment, especially the type of illiquid terms that his seeding venture is currently offering (which requires investors to commit their capital for several years). Denning is Senior Research Analyst at PineBridge Investments, a $68bn asset manager.

 

 

 

 

Matthew Denning

"So, if you are looking at a 7-8% return profile from a traditional diversified hedge fund investment," he explained, "we think we can get an additional 3-5% from this revenue pot via the seeding arrangements. This will be a perpetual revenue stream, even after you have redeemed the seed capital."

Amanda Haynes-Dale, Managing Director of Pan Reliance Capital Advisors, a boutique fund of hedge funds group, reminisced about emerging managers 20 years ago who could be a couple of guys and a phone, and commented and how that has changed as new businesses must raise $50m to $100m and face increasing demands from regulations and consultants.

"Unfortunately, a lot of the entrepreneurial spirit that emerging managers had 20 years ago has been stymied due to increased regulations and expenses for st......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.
New Managers
New Managers
New Managers

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe