18.06.2010 - Seed investors return to start-up hedge funds
From Reuters: Sovereign wealth funds and pension funds are backing start-up or small hedge funds again, said FRM Capital Advisors, bucking a trend seen since the credit crisis for clients to favour the perceived safety of big funds. Patric de Gentile-Williams, chief operating officer of hedge fund seeding specialist FRM, said his portfolios have raised a net $70 million (47.8 million) so far this year -- after raising "very little" in 2009 -- and he expects further commitments..................................................Full Article: Source
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