Peregrine’s Max Hilton moderates panel at Apex’s Inaugural USA Emerging Manager Breakfast Seminar


Peregrine USA attended the recent Apex Fund Services’ Alternative Emerging Manager Breakfast Seminar held at The Benjamin in Midtown Manhattan. Max Hilton, Director, led the principal panel discussion on how the new era of emerging managers can best distinguish themselves in order to reach and engage their investor audience.

Key Takeaway: The emerging manager space is at a critical inflection point. Given investor emphasis on transparency, it’s imperative for managers to communicate in a way that is always consistent with their investment philosophy while also helping investors understand the way in which they manage money. As noted by Jeffrey Spotts, “Communication is key”.

Following the welcome address from Apex CEO Bill Salus and an industry outlook presentation by Preqin, the focal point was the panel discussion: “Emerging managers, Alternative Exposure.”  The panel was moderated by Max Hilton and the panellists included Daniel Viola, Partner at Sadis & Goldberg LLP, Jeffrey Spotts, Principle at Prophecy Fund, Michael Rosen, Chief Executive Officer at ConceptOne, and Michael Tew, Founding Partner at QuantX.

Given that the emerging manager space is one of the most compelling investment management sectors today, the panel made for a dynamic discussion. Throughout the preceding two or three years, the space has experienced hedge fund teams starting their own firms, institutional investors’ willingness to invest with managers possessing shorter track records as well as partnerships with larger traditional investment managers.

“As noted by Jeffrey Spotts, ‘Communication is key.'”

And, with more than 800 new hedge funds launches in 2013 alone, and this year representing increased positive momentum for the early-stage sector, investors have an abundance of choice.

Key topics included:

  • How emerging managers can better raise awareness of their offering among the appropriate investor audiences
  • How firms can best articulate their differentiated edge and what they can use to leverage their asset raising efforts
  • Marketing/distribution tactics that emerging managers can/should employ in order to reach their three to five year business objectives
  • Key attributes investors are looking for when considering an emerging manager investment