As the mergers and acquisitions in the funds of hedge funds
space accelerate the question is, how small is too small to run
a fund of hedge fund business and what are the options to grow
assets other than M&A?
It seems that many smaller FoHFs with less than $1 billion
in assets are opting to take the bespoke account route rather
than be merged into larger entities as part of a land grab for
assets. By taking the bespoke route, the groups continue to
manage money, select managers and aim to produce
Part of the reason for this happening is the post-2008
environment, which changed the landscape significantly for
The latest firm to take this route...