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From Kirsten Bischoff, Opalesque New York: From the 30,000 foot view it seems evident that growing pains abound in the financial industry. Narrowing the focus, these growing pains are also evident within the hedge fund industry itself as strategies struggle with herd effects, and individual managers exit at a rapid pace. Unfortunately, these growing pains can also be felt at the individual career level and perhaps Avi Benamu, former director of partner relations at WexTrust is the perfect example of this.
Benamu, whose career spans more than a decade in alternative investing and who was involved in research and investor relations at Stillwater prior to WexTrust, spoke with Opalesque about the silver lining of his most recent experience and why his next career move is to help usher investors and funds alike through the next phase of hedge fund industry growth.
“If history has taught us anything over the last few weeks, it is that we cannot take anything for granted, and that no firm is too established and no fund manager too experienced to avoid failure. If anything, it is when we fail to acknowledge this that we become reckless and go on ‘autopilot’” says Benamu.
Looking to take his experience of the past few months (Wextrust principals have been brought up on charges by the US SEC. See previous Opalesque coverage ...................... To view our full article Click here
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