Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures

FoHF consolidation gets off to a slow start


The post crisis fund of funds consolidation process has started, though slower than many observers had predicted - and than some beleaguered small funds had hoped.

So far, only a small number of savvy firms, including SAIL Advisors, Cadogan Management and Crestline Investors, have started to buy beleaguered assets.

There are two reasons for the slow market. Small funds of funds that have not been hit by fraud or crippling liquidity profiles are still hoping to sell the brand and firm for a healthy price that is higher than the current