Fund of Hedge Funds

Small managers and mainstream strategies are key to Protégé's success

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The competition for seeding from Protégé is tough, but the rewards are well worth it

The competition for seeding from Protégé is tough, but the rewards are well worth it

Managers looking to New York's Protégé Partners for seed capital face an unusually tough uphill slog. They will be competing not only with rival startups but with other small managers for Protégé's money.

 
Jeffrey Tarrant and Ted Seides


It is this group of managers that Protégé targets, in the belief that small hedge funds are better investments than large ones, for all sorts of reasons. Because there is no dedicated pool of seed capital "our bar is