Jul 20, 2009

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

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