Pamplona Capital Management is set to follow the path that its larger billion-dollar brothers are taking but going bespoke with customised segregated portfolios.
According to the 2010 InvestHedge survey, more than 63% of the global funds of funds industry with $1 billion or more under management now offer bespoke or customised solutions. Pamplona, which has $732 million at the end of December, saw its assets grow by 21.8% in 2010 largely due to the demand for bespoke solutions.
The London-based funds of funds co-mingled fund, Pamplona Fund of Funds I, currently has $25 million in assets and is mainly for Pamplona’s partners, but open to those external investors that want access.
The 12-strong team, which is run by François Langlade-Demoyen, chief investment officer, funds of funds, invests in about 50...