HF Alert reports that Goldman Sachs is planning an all-star cap-intro event next week. They appear to have pulled a page directly from the Live Nation concert playbook. Instead of taking risks with smaller acts in small venues – LN prefers to book aerosmith, Madonna, Cold Play, U2 pay them well and book ginormous venues.
We [...]
Filed under: Cap-Intro, Events by Lisa
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We recently announced a strategic partnership with Lighthouse Prime Services. We are excited about the opportunity as we are working with a group that recognizes that in order to do “cap-intro” correctly, you need to work with people that are talking to investors every day.
For years, we heard the common refrain that, “our prime [...]
Filed under: Cap-Intro by Lisa
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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 [...]
Filed under: Andrew Saunders, Fund of Funds, Uncategorized by Lisa
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Today we issued an important announcement. Not only a significant development for our company but also a significant development in the rapid development and transformation of the hedge fund services sector.
As the major prime brokerages cut down on services to clients, specifically smaller funds, our partnership with Lighthouse offers their clients a turn-key solution.
Lighthouse Prime [...]
Filed under: Uncategorized by Lisa
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While hard data on the hedge fund industry is hard to come by, it is commonly understood that 50% of single manager money comes from FOFs.
According to Hedgeworld, 30% of that 50% is gone, with significant implications for raising new capital. To name a few:
- consolidating positions
- knock-on redemptions
- legitimate concern over business viability
- limited [...]
Filed under: Fund of Funds by Lisa
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