Sun, Oct 4, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
New Managers July 2012

Focus - What emerging managers need to know: a review

What emerging managers need to know: a review

IIR and IBC's recent Hedge Fund Startup Forum in London, which Opalesque attended, gave a complete roundup of what emerging hedge fund managers should do and expect. It touched on asset raising, recent trends, the role of the prime broker and the administrator, tax issues, seeding, regulatory compliance, and what investors look for. Here are some of the key points that emerged.

Want to raise assets from institutions?

Ian Morley The basic advice for start-up managers is, don't waste your time talking to institutions," said Ian Morley in the conference's opening remarks. "Raise your initial seed money from friends, family, platforms and those of an unsound mind." Morley was the founding Chairman of AIMA, the hedge fund organisation, and headed various funds of funds. He is Chairman of Allenbridge HedgeInfo, a hedge fund rating and consulting company, and of Wentworth Hall Consultancy.

However, for those who do decide to approach institutions, Morley suggested having the following boxes ticked:

  • A proper business plan
  • Could you run for three years on your initial capital?
  • Will your operational infrastructure meet institutional standards?
  • Do you have a unique selling point in your pitch?

To get over the first hurdles, you need to see if there is a consultant you must deal with first, and if the pension scheme you want to connect with is private or public. The latter ......................

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. Performance - Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September, Risky strategy sinks small hedge fund[more]

    Hedge fund moguls Einhorn, Loeb, Rosenstein lose money in September From Billionaire stock pickers David Einhorn, Daniel Loeb and Barry Rosenstein on Wednesday told their wealthy investors they lost money in September as market turmoil inflicted more pain on some of America'

  2. Opalesque Exclusive: IRAs represent billions of untapped capital for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Retirement accounts might not be the first source that comes to mind for those looking to raise funds, but they may represent billions of untapped capital. Unlike traditional retirement accounts,

  3. Opalesque TV: One way to access market hedge funds in the EU under the AIFMD radar[more]

    Benedicte Gravrand, Opalesque Geneva: While the Cayman Islands, the US and Hong Kong await the pan-European marketing passport to be extended to alternative investment fund

  4. Investing - U.S. biotech bloodbath hits hedge funds but some bargains emerge, Computer-driven hedge funds betting on further stock selloff[more]

    U.S. biotech bloodbath hits hedge funds but some bargains emerge From A seven-day selloff of U.S. biotechnology stocks has hit sector investors - especially hedge funds - hard. But some managers say it was overdone and are already eyeing bargains such as Gilead Sciences Inc

  5. Vilas’ equity long bias hedge fund generates market-beating results[more]

    Komfie Manalo, Opalesque Asia: The Vilas Fund, an equity long bias fund managed by Chicago, Illinois-based Vilas Capital Management, posted five-year annualized returns, net of fees, of 23.47% vs. 15.87% for the S&P 500 Index, including divid