Tue, Mar 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Global Fund Advisors give a little help to hedge fund start-ups

Monday, October 15, 2018

amb
Lauralouise and Anric Blatt
B. G., Opalesque Geneva for New Managers:

Lauralouise and Anric Blatt, one of the power-couples of the fund management industry, have decided to fulfil a role that is dearly needed: help start-ups get over the $100m mark through a coaching programme (see the chance to get a free consultation with them at the bottom of this article).

Indeed, the scary billion-club statistics are a call to arms: • 88% of AuM is held by 668 One-Billion-Club managers (managers with more than $1bn in Aum), • 89% of all hedge funds fail to reach $100m, • more than 2,000 have shut down in the last two years, and • 93% of small funds fail in the first five years.

The competition between small managers has gotten a lot worse of late, they say: 96 cents of every dollar raised in the last five years went to the five-billion+ managers. The other funds, about 12,000 of them, are fighting for the remaining 4 cents.

"That is the fundamental reason why we got into this," says Anric Blatt to Matthias Knab during a recent Opalesque TV interview. "As allocators on the receiving end of wonderfully talented managers who have come to see us to pitch their investment products… and we have seen so many of them just fail. And they're some of the smartest people that we know."

The......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1