Friday, April 18, 2008

Alternative Investments [MS-AIP]

The following is for educational purposes only, and is by no means an offering of securities of ANY kind.


This is definitely a conservative fund-of-funds. As you can see, the fund is entirely large managers such as Perry, DE Shaw, Cerberus, Citadel and Och-Ziff. Why would someone invest in a FoF like this? Take a look at the drawdown...that's VERY small..also, the larger funds are more effectively able to handle huge institutional inflows. Finally, most of these firms have established track records, which makes the FoF easier to pitch to clients.



No comments: