Despite regulators’ concerns about placement agents, third-party marketing industry alive and well
| Feb 17th, 2010 | Filed under: Institutional Investing, Today's Post | By: AAA Staff |
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Third-party marketers – a select group who have long made their living sourcing alternatives managers and strategies and then recommending those managers and strategies to potential investors – certainly haven’t had the best of times of late.
Despite being among the most diligent in terms of due diligence, manager selection and representation, it’s been a tough sell convincing institutions, high-net-worth individuals, family offices and the like that hedge funds are still the way to go. More…
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