Who would want to be a start-up hedge fund manager?
Simon Schilder, partner at Ogier in
Jersey, and TEAM BVI UK member with BVI
Finance, examines
the challenges facing the next generation...
The challenges facing the next generation of hedge fund managers
are starker than ever before, with increased barriers to entry
caused by an ever increasing regulatory burden coupled with the
continued existence of a macro-economic environment impacting upon
investment performance.
For emerging managers seeking to attract investor allocations,
the need to be able to demonstrate a proven track record to
prospective investors has never been more important. Generally
institutional investors will look to a three-year track record as a
pre-requisite for investing, whilst funds-of-funds, family offices
and high net worth investors will frequently be comfortable with a
shorter track record than this (perhaps 12 to 18 months?). The
challenge facing an emerging manager therefore is how
