New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions for Hedge Funds, reports that an increase in client redemption requests is threatening the viability of even the most well-managed hedge funds.

Key findings from the whitepaper include:

* Choosing the Proper Outsourcing Model

* Smaller Hedge Funds Challenged by Resource Restrictions

* The Role of the Prime Broker

* Consider Disaster and Recovery Planning in Vendor Selection

“It is important for hedge funds to develop a thoughtful, long-term outsourcing strategy to ensure that its needs for support during various stages of the fund’s lifecycle are closely aligned with its goals and objectives to serve investors well.” Craig Messinger, managing director of Pershing Prime Services, said, “Employing this type of approach will enable hedge fund managers to focus on generating profitable returns for their clients and help them grow their businesses in a more productive manner.”

To help hedge fund managers better understand business continuity and disaster recovery planning processes and principles, Pershing Prime Services, in collaboration with Eze Castle Integration and its colleagues across BNY Mellon, has developed a guidebook entitled, Establishing Business Continuity and Disaster Recovery Plans: A Hedge Fund Manager’s Guide.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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Tags: accredited-investors, fund-operations, hedge funds, hedge-fund-manager, hedge-fund-managers, prime broker, prime services

Reuters – Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners’ own holding.

PCE runs $1.6 billion (1.1 billion pounds) in assets and by next month will have 21 funds, run by 15 teams, in its stable. SW1 is hoping to exploit greater demand for robust and transparent hedge fund operations, thrown into the spotlight by the financial crisis and Madoff scandal.

The deal initially sees two-thirds owner Ubequity temporarily increase its holding as it and SW1 buy out minority shareholder Schneider Trading Associates.

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Tags: 1-billion, assets, capital-partners, financial crisis, fund-operations, investment-firm, investors, minority-shareholder, private equity firm, reuters, scandal, schneider, spotlight, stake, sw1, two-thirds

Zawya – The Lionhart Group, an alternative investment management group that specialises in global multistrategy arbitrage, aims to attract $2 billion (Dh7.4bn) of investment from the Gulf in the next few years through its new branch at the Dubai International Financial Centre.

The regional office has two main roles. The first is to pull in cash from the Middle East and North Africa (Mena) for its investment and hedge funds, and the second is to expand the group’s investments in regional markets.

"We have had relations with GCC investors for a long time," Jim Quinn, Chief Operating Officer of Lionhart Middle East, told Emirates Business. "Around 10 per cent of our assets under management are from the region and these relations started 10 years ago.

"We are planning to build on these relations to attract around $2bn of GCC investments into our funds during the next two to three years. "We are opportunistic and the Mena region is witnessing major economic developments. We have two flagship investment funds with total assets under management of $500m.

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Tags: administrative-functions, casualties, diversity, european-aeronautic-defense, external-managers, fund-operations, investment-vehicles, mainstream, marrone, oil-drilling, proceeds, sec-charges, time-difference, when-retirees