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From Kirsten Bischoff, Opalesque New York: Dubai-based CapIntro Partners recently took the collective temperature of regional Middle Eastern hedge fund investors and subsequently released the first annual Middle East Hedge Fund Investor Survey 2009 (which can be accessed online here).
The survey respondents, which represent the countries of Kuwait, United Arab Emirates, Bahrain, Saudi Arabia, Qatar, Oman, Jordan and Lebannon were comprised of banks, government agencies, investment companies, family offices, endowments, consultants, insurance companies and others.
While funds both large and small have suffered during the financial crisis, there has been much speculation on whether those with assets less than $250m will survive in the future hedge fund industry paradigm. Indications that investors will heavily weigh asset size and length of track record, and expectations that governments will enact regulation requiring extensive infrastructure levels do not bode well for managers who fall well below these minimums.
However, there is one investor type which has had a long loyalty to hedge fund investing, and which in the CapIntro Survey indicated its enthusiastic willingness to invest in hedge funds falling below the $250m mark – and they are family offices.
As banks and financial service institutions are currently affected the most by the financial cri...................... To view our full article Click here
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