Collaboration is key to successful first year, says PAAMCO Launchpad’s Willardson

It’s just over a year since PAAMCO Prisma debuted Launchpad, a co-investment platform for seeding and supporting emerging hedge funds with Employees Retirement System of Texas (ERS) as its inaugural investment partner. Jeff Willardson (pictured), Managing Director, PAAMCO Prisma and Head of Investments for Launchpad brings Hedgeweek up to speed on the past twelve months and what to expect in the coming year…

HW: What was the thinking/motivation behind the establishment of Launchpad?