Bob Del Grande, founding member and COO of start-up hedge fund L Plus, has been reviewing providers to support his firm’s IT infrastructure. Here is a quick progress report: On Prime Brokers: “A lot of the prime brokers offer consulting services … They have excellent consulting teams that people should look to … They have… Read More >>
Hedge Funds and the SMA Issue
As institutional investor confidence surges in favor of hedge funds, investors have attached some caveats to their inflows—demands for more transparency, liquidity and control—inspired by the Great Recession. Increasingly, investors want the separately managed accounts (SMA) model, which is a mixed blessing for hedge funds. SMAs can result in more opportunities for fund managers, but… Read More >>