Three words for success
It’s clear to me why some people are successful and others aren’t: focus, delegation and engagement. People need to be focused to be able to see the path, or least the way to the path, to success. They also need to be able to delegate responsibility and to know how to relate to colleagues and keep them engaged. I believe that most companies aren’t able to keep employees, partners and colleagues focused and have a very difficult time delegating. It’s especially a problem for many in the hedge fund business – especially those running new funds and those in the break-out stage. New funds don’t want to—or think they can’t […]
It is all about the marketing
There has been a significant uptick in inquiries from would be hedge fund managers on the HEDGEAnswers site over the last few weeks. Although we are just six or seven weeks into 2015, it is clear that this is the year of the new hedge fund launch. The questions are very similar. Would be managers ask if the need a lawyer, do they need an accountant, what is the role of the administrator, and of course what is the best way to raise money. And while the first three questions are important, they are relatively easy to solve, it is the last one, what is the best way to raise […]