Wed, Jun 19, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Shaked Capital offers a fresh take on fund of funds

Friday, October 05, 2018

Bailey McCann, Opalesque New York for New Managers:

Investing in emerging managers can be difficult. Typically, these funds have a limited track record and their small size can make them a tough sell for investors with big tickets. Miami-based Shaked Capital is trying to make the process easier by offering access to several emerging managers in a fund of funds structure. Managing member Amir Shaked says the structure limits some of the heavy lifting when it comes to finding and diligencing managers, while also providing institutions with a way to deploy larger single investments.

Shaked looks for managers that have at least $50 million AUM and track records of 1-8 years. For managers to be included in the fund of funds, they have to fit within two frameworks. The first is a basic quantitative evaluation of performance and the second is a proprietary qualitative overlay that looks at whether a strategy is sustainable. "We want to be able to understand how managers arrive at their decisions and if a manager is leaning entirely on a computer that is a red flag for us. So it's a bit of an art and a science," Shaked tells Opalesque. "We have very mainstream strategies in our fund and the managers execute them just like everyone else, but they are just better at it."

The resulting mix in the Shaked Opportunity Fund includes long/short equity, event driven, relative value and arbitrage str......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. PE/VC: Pictet warns over PE boom being 'bubble waiting to burst', VC pot investments hit record highs in 2019, Private equity managers are increasingly turning to loans instead of investors, PE/VC investments halve in May as large deals dry up: EY report, Many investors in venture capital say a big return isn't enough[more]

    Pictet warns over PE boom being 'bubble waiting to burst' From City Wire: 'Dial down private equity' is the key message of Pictet's chief strategist Luca Paolini, who said investors should review their allocation to alternatives as private equity is the weakest link. Debt is its biggest

  2. New Launches: Hedge fund Cheyne raises $1.12bn for stressed loan fund, Private equity groups prepare to unleash mega funds, TCV, Warburg veterans launch new growth equity firm Farview, Carlyle closes European real estate fund at $604m, Consumer brand-focused H Ventures registering two new funds, Catalys Pacific targets $100m for first VC healthcare fund[more]

    Hedge fund Cheyne raises $1.12bn for stressed loan fund From FT: London-based hedge fund Cheyne Capital has raised €1bn ($1.12bn) for a new fund that will aim to profit from European banks selling down their loan portfolios to meet new accounting and regulatory standards. The

  3. PE/VC: The myth of private equity: Funds struggle to beat the market[more]

    From Guru Focus: Private equity is a glitzy industry, but does it actually beat the market? The data suggests it does not. In an October 2018 episode of "Talks at Google," former fund manager and academic Jeffrey Hooke explained why the sheen has come off of private equity in the last decade. A

  4. News Briefs: Fixing the Sharpe ratio: A machine learning approach, Sotheby's snapped up by French tycoon Drahi for $3.7bn, SALT announces its signature global thought leadership conference in Abu Dhabi, UAE[more]

    Fixing the Sharpe ratio: A machine learning approach From All About Alpha: The Sharpe ratio has long served as a simple but important item in the due diligence tool kit. Formulated by William F. Sharpe in 1966 and first called the "reward to variability" ratio, the number arises from a

  5. Crypto: Crypto exchanges are facing their biggest regulatory hurdle yet, Nasdaq's Quandl institutional data platform to add crypto reference prices, Coinbase launches its cryptocurrency debit card in six more countries in Europe, UK insurer Legal & General picks Amazon for first pensions blockchain deal[more]

    Crypto exchanges are facing their biggest regulatory hurdle yet From Bloomberg: The new rules will apply to businesses working with tokens and cryptocurrencies, such as exchanges and custodians and crypto hedge funds. Bitcoin and its fellow cryptocurrencies have surged in popularit