Darwin's middle office and monitoring offering aims to help the fittest survive
Mon Oct 4, 2010
Amsterdam-based Darwin's operations-only approach sets it apart from traditional seeders and allows its managers to focus on investing
By Claire Makin
When Clayton Heijman picked the name Darwin Platform for his
start-up service provider, hedge funds were thriving in
fantastic pre-crisis conditions. He and his colleagues had no
idea how appropriate the name was about to become, as 2009
turned into "the Darwin year" that tested the survival of the
fittest in the industry, Heijman says.
It was not until January of that year that Heijman and his team
launched their Amsterdam-based emerging manager platform. They
had put the scheme on hold because of stalling growth in the
hedge fund industry followed by financial meltdown. Despite the
pain, 2009 saw a wave of new entrants to the market as managers
quit their firms or were laid off, creating the opportunity
Heijman had been waiting for.
The Darwin Platform opened for business with three
investment fund clients. Since then, nine more have signed up
for the company's...
ISSN: 2151-1845 / CDC10004H
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