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Gildas Le Treut Benedicte Gravrand, Opalesque Geneva for New Managers: Over the course of the last three years, The Netherlands has seen a lot of small hedge funds starting up. Like most hedge funds, new Dutch funds are struggling to get off the ground but that does not stop them, especially since they get a little help from family offices and fund management platforms.
"We see a lot of dynamism in terms of creation of new funds in the Netherlands, it's quite impressive," comments Gildas Le Treut, Global Head of Prime at ABN AMRO Clearing, during the latest Opalesque Amsterdam Roundtable. "There are a lot of good ideas, a lot of willingness to start, but raising capital, especially for emerging managers, remains the challenge."
According to Le Treut, investors have tended over the last couple of years to allocate to the billion-dollar club, which meant funds below the €50-€70 million mark have been struggling to raise their profile and get investments from large allocators.
However, he says, the dynamic recently changed, mainly driven by family offices looking for the new ideas, new talents, and different ways of investing.
"Family offices love partnerships and are generally good at selecting the right managers," Le Treut explains. "They often manage the set-up of the funds and all the administrative ta...................... To view our full article Click here
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