A Hedge Fund Manager Who Drives a Ferrari Will Probably Underperform!
Institutional Investor —“A Hedge Fund Manager Who Drives a Ferrari Will Probably Underperform” — “University researchers found that hedge fund managers who own sports cars make riskier investments, while minivan owners were found to be more cautious investors….They found that sports car owners delivered lower Sharpe ratios and alphas, and traded ‘more frequently, actively, and unconventionally.’ Overall, they underperformed hedge fund managers without sports cars by 2.92 percent per year.” This very interesting and informative article, as well as a PDF of the academic study discussed therein, both can be read and download at: https://www.institutionalinvestor.com/article/b1b1t685c6gzk4/A-Hedge-Fund-Manager-Who-Drives-a-Ferrari-Will-Probably-Underperform
________________
Also, do you happen to work with or otherwise know any compelling hedge funds (great team/track) that are looking for more investors and to substantially grow their AUM? I ask because our vast investor base (~1,000 endowments, family offices, foundations, funds of funds, pensions, seeders, etc.) allocates hundreds of billions of dollars to emerging managers and established hedge funds (typically $10-$100+ million per investor per fund). So, please e-mail me if you work with or know any great hedge funds (regardless of what kind of the car the PM drives) that are looking for more investors and to grow their AUM. Thanks. EKatz@CrawfordVentures.com
#Finance #Investors #Investing #Investments #WallStreet #HedgeFunds #Endowments #Foundations #FundsOfFunds #Pensions #CryptoCurrency #Bitcoin
_________
Evan Katz is CEO of Crawford Ventures, Inc., a graduate of Wharton and Harvard Law School, and a twice-elected director on the Hedge Fund Association (HFA) Board of Directors. He has received numerous industry awards and honors, and frequently speaks and is interviewed as an expert regarding hedge funds in general, and successful fundraising in particular.
Mr. Katz's investor relationships include some 1,000 endowments, foundations, funds of funds, insurance companies, multifamily offices, pensions, and single-family offices, which collectively have several trillion dollars of investable capital, and allocate hundreds of billions of dollars to hedge funds, typically $10-$100+ million per investor per fund. His minimum fundraise is $100-$250MM, preferably $500MM-$1B or more.
He may be reached at (212) 904-0909, EKatz@CrawfordVentures.com , https://www.LinkedIn.com/in/EvanHKatz , http://www.Twitter.com/EvanHKatz .
