That first billion always was the hardest. For most hedge fund managers it is a journey not a race, and any help in raising cash is worth accepting.
ôI want capital introductions,ö is the birthing cry that goes up from rookie managers but also from established veterans expanding an existing fund.
Prime brokers make profit on the leverage they provide, their cash management and the stocks they lend out. To entice clientele, prime brokers have mastered the art of bringing together investors and hedge fund managers under one roof. In Asia the capital introductions conference circuit has been operating for several years and has become the focal point of where new...
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