Emerging managers have a lot going for them. Many offer co-investments. Their founders put an abundance of skin in the game and don’t overdo it on the management fees. They pursue specialized strategies that can diversify plain-vanilla portfolios. They’ve performed well overall, although individual funds can be a bit hit-or-miss.
Institutional investors investors have been embracing these virtues…
To read the rest of this article download the spring 2017 edition of Connections in the Middle Market, jointly published by law firm Duane Morris and Buyouts Insider, publisher of Buyouts Magazine.
Photo courtesy shironosov/iStock/Getty ImagesDON'T MISS IT! After two successful conferences on the East Coast, we’re bringing our LPs and fund managers to San Francisco for the first annual Emerging Manager Connect West on May 11. Don’t miss out on insightful panels and great networking! CLICK HERE for details.