By Claire Makin
Matrix Group in London seems to be good at sourcing capital. Since it was founded in 1987, the privately owned financial company has raised $11 billion for client-related investment projects, including film financing, shipping and creative hedge fund structures. Matrix runs more than $4 billion of client money in cash and alternative investments.
Now, as part of an expansion drive that includes a move to larger London premises and new offices in Dubai, Matrix has set its sights on growing its hedge fund platform.
What Matrix has to offer is not the classic seeding model with capital committed up front in exchange for fee sharing or an equity stake for the duration of the deal. Instead, the company offers a complete support and marketing service that allows hedge fund managers to get on with the business of running their portfolios. "If they want to concentrate...