As more and more institutional investors look to emerging hedge fund managers, Hermes BPK Partners, the $1.6 billion alternative advisory boutique and fund of hedge funds, and Northern Lights Capital Group, an $11 billion Seattle-based private equity firm focused on asset management, are to join forces with the intention to launch a new investing platform designed to identify and provide access to early stage hedge fund managers for global institutional investors and pensions funds.
A recent PerTrac study has shown that small hedge funds...