Playing the long game reaps rewards in hedge fund seeding
Tue Feb 2, 2010
FRM Capital Advisors' FCA Catalyst Fund is proof that in the current climate, seeding is a strategy that can pay long-term dividends - and with minimal interference in managers' corporate governance
FRM Capital Advisors' FCA Catalyst Fund is proof that in
the current climate, seeding is a strategy that can pay
long-term dividends - and with minimal interference in
managers' corporate governance
By Claire Makin
On 1 January 2009, as investors continued to flee from hedge
funds, Patric de Gentile-Williams sat down with colleagues to
ask a serious question: Does hedge fund seeding make sense in
the face of a contracting industry? To find out, they jumped on
planes to poll investors, and soon had their answer. "It was
clear to us by the end of the first quarter that there was not
only a case for seeding, but that it was better than it has
ever been," says de Gentile-Williams, who is chief operating
officer of FRM Capital Advisors (FCA).
Patric de Gentile-Williams
This was welcome news to FCA, whose seeding vehicle, FCA
Catalyst Fund, was launched at the end...
ISSN: 2151-1845 / CDC10004H
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