Opportunities in the changing landscape of emerging hedge fund managers

Despite the turbulence and trauma that 2008 exacted on the hedge fund industry, there are those who argue that the financial markets have generated an extraordinary set of business and investment opportunities. Nowhere is this more prevalent than in the emerging manager space, as the current quality of managers looking to start or relaunch a new hedge fund, coupled with the scarcity of capital, means that active seeders can be very selective. Although it is essential for emerging managers to work with a strategic partner today (given the lack of credibility in hedge funds, costs and expertise associated with operating a fund), managers should be equally as selective when choosing a partner.

The article is on :
http://www.revereglobal.com/special_feature-rev6-1-09.pdf

The seeding dilemma: cautious investors have no appetite for new managers, but the best firms of 2012 are being created today

Why there is a dearth of seeders even as talent continues to spin out of larger firms Industry veterans recognize that now may be the best time to invest in emerging managers, however, investors don’t have much of an appetite for chance. “What investors want at this point are open, premium managers,” commented Ed Robertiello, Managing Director at Credit Suisse, who oversees the firm’s $17bln fund of funds business in the Americas. The firm managed a seeding fund that invested in a few managers during 2008, but stopped due largely to the lack of investor interest in seeding hedge funds.

The article is on :
http://www.opalesque.com/53292/%22emerging%20managers%22/The_seeding_dilemma_cautious_investors_have_no438.html