In 18 months the Greenwich team have gone a long way to
working out some of the secrets of holding onto talent and
creating a sustainable business
writes Niki Natarajan
Given the high profile names attached to FrontPoint, it was
bound to attract attention. Critics have been eager to imply
that there are 'flaws in the business model', which is designed
to create a sustainable hedge fund operation. But, in 18
months, the Greenwich-based firm has gone a long way to answer
Since January 2002, it has launched five discrete funds and
raised $1.3 billion of assets and, if all goes according to
plan, FrontPoint is close to pulling off a coup. It hopes to
add a sixth investment team that already has a solid four-year
track record and more than $300 million under management, which
should help it shake off its incubator label.
By any standards this...