Back in July this year, GPP, a London-based boutique prime broker, partnered with AIMA – the voice of the global alternative investment industry – to create an in-depth survey on the emerging manager community; one that dominates the industry, in terms of fund numbers, yet rarely has its voice heard.
The survey canvassed the views of 135 global small and emerging managers – defined by AIMA as those with less than USD500 million in AUM – and the results went some way towards allaying concerns that running a profitable hedge fund has become too expensive in today’s post-regulatory world.
To present the survey results and discuss one specific area of the survey – that of outsourcing – Hedgeweek hosted a breakfast event on 13 September with GPP at London’s historical Reform Club. The purpose of the event was to explore the theme of outsourcing in more detail and get industry insights from leading practitioners.
The panel session was moderated by James Williams, Managing Editor of Hedgeweek and included the following: Sean Capstick, Head of Prime Brokerage, GPP; Phillip Chapple, COO at Monterone Partners, a European equity long/short hedge fund; Erik Serrano Berntsen, CEO of Stable Asset Management, one of London’s leading seeding firms; Praveen Joynathsing, Director, European Capital Introduction, Societe Generale Prime Services, and Tushar Patel, Managing Director, Hedge Funds Investment Management, an investment firm focused on emerging managers and adviser to one family office.
Building and successfully operating a sustainable hedge fund business is the key objective for any hedge fund manager. Knowing where to outsource functions and benefit from cost efficiencies can lead to significant long-term gains.
To find out what those insights were on the theme of outsourcing, and how emerging managers should best think about the opportunities – but also the potential pitfalls –
