A word on humility and professionalism

I pulled out  a couple excerpts below from an obvious but informative piece that recently came across the transom. the email from Hedgeworld hit my inbox as I was hanging up with a Geneva based investor member. A fund of fund that creates portfolios for private banks he felt like he was doing all the [...]

Goldman Postpones Hedge Fund Conference

On second thought, a Florida hedge fund conference sponsored by TARP recipients would appear somewhat unseemly in this loaded political climate.
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Goldman Hedge Confab Bumped Back
Bleak economic reality has prompted Goldman Sachs to postpone its annual hedge fund conference and move it from Miami to New York. 

Spokesman Ed Kennedy said the conference, which had been [...]

FOF’s respond to Swenson’s “evaluation” of their business

After a miserable 2008, the last thing FOF’s needed was David Swenson, CIO of the Yale endowment, one of the most respected endowment chiefs referring to them as,  “Fund of funds are a cancer on the institutional-investor world. they facilitate the flow of ignorant capital.”
After poor performance and the miserable Mr. Madoff, Swenson’s comments had [...]

Clifford Chance Expectations for 2009

Clifford Chance offers its view on the expected developments in the rapidly changing hedge fund industry in 2009.
 
Key developments in 2009 summarized below.
 
 
#1 – Hedge fund managers likely to be required to register
 
#2 – Hedge Funds Likely Will Be Required To Provide Certain Portfolio Information to the SEC and The Federal Reserve
 
#3 – Carried Interest [...]

Hedgeworld article “New World of Hedge Fund Asset Raising”

In keeping in the New Year them of articles suggesting new approaches to hedge fund marketing challenges in 2009. One such article penned by your hosts here at Hedge Connection.     
 #mce_temp_url#
The article raises some excellent checklist items that all funds should be aware of when preparing marketing materials.

Opinion: The New World of Hedge Fund Asset Raising     
From [...]

Presidential Working Group Report Final – PWG Techcheck Ready to Assist

Friend of the firm, Judy Gross has been actively following the Presidential Working Group report on hedge funds and investors.  A hedge fund compliance consultant withe experience working with alternative investment products of all shapes and sizes, Judy came up with the idea of doing a web-based diagnostic for hedge fund managers to determine how [...]

Back to Basics

Alpha Magazine has published a piece by written by myself and Andrew Saunders.  Below is an excerpt.  Click the link to download the article in it’s entirety or pick up your copy of the Dec 2008/Jan 2009 issue of Alpha Magazine.
 
The traditional model of raising alternative assets relied heavily on assistance from the two pillars of [...]

Absolute Return Symposium 2008

The Absolute Return Symposium held on November 19-20 is one of the better events of the year – the speaking faculty is high caliber and the audience is comprised of a number of end investors.
 
Consensus from the investors including Gleacher, JPMorgan Alternative Investment and Joel Katzman was that 1.  the larger hedge funds will get larger [...]

On PIPES, TARPs and Government Oversight

 
I have had 11/13 circled on my calendar for a month. This was a date where Rep. Waxman was to parade the leading lights and big earners of the hedge fund world – Soros, Simmons, Paulson, Falcone and Griffen – in front of the oversight committee.
 
It was quite a show.
 
I later described the two hour [...]

Walkers Fundamentals – Fighting the Tape

Attended the first in a series of Walkers Fundamentals Hedge Fund Group Seminars. The Nov. 6 event was ominously titled, “Fighting the Tape…” A unique discussion on protecting and growing a hedge fund business in volatile markets.  For those unfamiliar, Walkers is a leading law firm focused on “offshore” jurisdictions including Cayman, Jersey, Dubai, London [...]