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Komfie Manalo, Opalesque Asia: A joint report by the California Hedge Fund Association (CHFA) and data provider Preqin showed tremendous growth in California’s alternative investment industry over the past five years and demonstrating that great opportunity exists for future growth.
The report was released at the 22nd Annual Alpha Hedge West conference, taking place September 8-9, 2016, at the Ritz-Carlton San Francisco. The new industry research report summarizes the evolving landscape of alternative asset management in California.
1,000 active alternative asset managers in CA managing nearly $1tln in capital
CHFA president and CEO and managing partner at San Diego-based asset management firm Sunrise Capital Partners, Jason Gerlach commented, "This report summarizes how the needle has shifted in California in the past five years for venture capital, private equity, real estate, and hedge funds." The report shows there are over a 1,000 active alternative asset managers in California, collectively they are managing nearly $1tln in capital, and there are 500 California-based institutional investors with 63% of them allocating in alternatives. "This clearly shows that there is more upside for the alternative investment industry here in California," he said.
The Alpha Hedge West conference is focused on innovative approaches taken by both established and ...................... To view our full article Click here
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