Saturday, 22 November 2014
Last updated 1 day ago
May 12 2011 | 1:01pm ET
Smaller hedge funds may have a very, very big ally in their efforts to raise money. Goldman Sachs is pushing investors towards smaller hedge funds, a top executive said yesterday.
"All flows have gone to managers with $2 billion and above over the past two years," Lawrence Restieri, co-head of Goldman's alternative capital markets group, told the SkyBridge Alternatives Conference in Las Vegas. "Intuitively, that would lead you to believe there's an opportunity in smaller emerging managers," those with less than $1 billion in assets.
What's more, Restieri said, finding smaller hedge funds for clients is good business.
"Larger clients, with $100 million plus, they don't need help finding Och-Ziff" Capital Management, Restieri explained. "They need help sorting through the thousands of smaller managers out there. So there's value that our platforms can provide there."
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...