Hedge Funds

Flat business structure keeps NB Alternatives in the loop


CIO Eric Weinstein believes in team decision making and shared responsibility for more consistent results

By Claire Makin

Eric Weinstein
There is nothing half-hearted about the NB Alternatives Fund of Hedge Funds team or its beliefs. Too much diversification weakens portfolios; hedge funds change what they do over time so watch them with eagle eyes; a flat hierarchy is the best way to run the business.

Also, avoid growing too attached to your managers. “There are plenty of hedge funds out there,” says Eric Weinstein, the team’s chief investment officer and managing director.

Despite strict rules, the team insists that it does not follow a rigid approach