This article appears courtesy of Institutional Investor
Source: Money Management Letter
Emma Blackwell
Summit Strategies is strengthening its hedge fund manager research resources to assist its clients to make direct investments. Steve Holmes , president, expects the amount of client assets invested directly in hedge funds to double next year to over $1 billion and he expects to advise on the same amount in direct private equity investments. Holmes is paring down his investment consulting client list to five or six relationships to spend more time focusing on hedge fund research.
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