Performance

Rasini & Co rises from the ashes of 2008

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Rasini & Co, a boutique fund of funds, has emerged from the past two years with a facelift, despite having had good performance and no leftovers, otherwise known as side-pockets, from 2008, nor any allocations to Madoff. But like all funds of funds, whose business came mainly from European private clients, private banks and family offices, asset raising has been tough.

That said, the $1 billion dollar firm now has $300 million from a client base that has been loyal since 1995. To move forward, Rasini, like many firms mentioned in the FoHFs to Watch (see page 35),