Merlin’s Necessary Nine: How To Raise and Retain Institutional Capital

Published on FINalternatives (http://www.finalternatives.com)
Guest Post: Ron Suber is senior partner and head of global sales and marketing for Merlin Securities, a leading prime brokerage services and technology provider for hedge funds and managed account platforms.  The following was published on FINalternatives and is based on a presentation by Ron Suber at Hedge Funds: Getting to [...]

Latest CS Tremont Hedge Fund Asset Intelligence

Latest intelligence from CS Tremont – strong peformance, assets coming in

Beginning of the end AND end of the beginning

Hedge Funds: More money coming in than out for the first time in a while.

Goldman says that the worst of redemptions are over

Goldman CFO calls bottom of redemptions.

Intel from the trenches – It’s tough out there!

I recently attended a hedge fund conference. In a sign of the times the format was a half day and presented in an austere, no frills environment…coincidentally the same room where I was married but that is a subject for another day.

Outflow Update – HNWs on the way out – N.A. Institutions Hanging Tough

From today’s FT.
 
HNW continue to flee hedge funds leaving an industry that is “more North American and more institutional.”
 
Selected excerpts:
 
“Rich Europeans, who were the first to invest in hedge funds and once comprised the majority of investors, have been the first to exit in the downturn, according to a study out Monday.

High net worth individuals [...]

Required Reading – DB Hedge Fund Survey

Highlights from this year’s DB alternative investment survey.

What happens when 30% of 50% goes away?

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 [...]

Hedge Fund Asset Prognosticators Sound Off

Morgan Stanley offers its forecast on the hedge fund AUM trajectory.  From Hedgeworld.   
 
 

Hedge Fund Assets Seen Down 37% in ‘09: Analyst

 

By Reuters

 

Monday, January 26, 2009

 
NEW YORK (Reuters)—Tough times may not be over for a hedge fund business that suffered big losses and saw total assets shrink by about a third last year, a leading analyst [...]