The Alternative Investment Management Association (AIMA) and Barclays report, The Extra Mile: Partnerships between hedge funds and investors, surveyed 21 hedge fund managers and 30 institutional investors.
Three quarters of the managers and two thirds of the investors said they had entered into partnerships
AIMA chief executive Jack Inglis said it was encouraging that so many hedge funds and their investors are striking such deep and wide-ranging partnerships.
“What the survey shows is that managers are truly going ‘the extra mile’ in terms of sharing knowledge and resources and providing customised products and services to their investor partners,” said Mr Inglis.
“These partnerships are also providing further evidence of very high levels of satisfaction among investors in their hedge fund investments,” Mr Inglis added.
Barclays managing director, global head of capital solutions, Lou Molinari explained that the growth of partnerships represents an exciting new direction for the hedge fund industry.
“Successfully building partnerships with investors can allow managers to grow their business whilst increasing the stability of their assets under management,” said Mr Molinari.
“Managers who are interested in pursuing partnerships should put in place a strategy to do so, identifying those investors they want to partner with, and deciding which of the elements of partnership they are best-placed to deliver,” he said.
