SOLVING AN INSTITUTIONAL CHALLENGE
We established Global Fund Exchange Holdings in 2005 to solve a problem that we were having...
As a major allocator to Emerging Asset Managers, we ran into capacity constraints very quickly, preventing us from making significant and meaningful allocations to smaller, newer emerging investment managers that would move the attribution needle enough.
CREATING A NEW PARADIGM
Trying to avoid the inherent risks in being the single largest investor in a fund, we created the Global Fund Exchange Group as a platform that allowed sub managers to be awarded the investment rights to a specific sub portfolio with specific and highly controlled constraints.
This allowed us to control the counterparty, concentration, NAV, transparency and liquidity risks normally associated with 'fund investing' - and simultaneously allowing us to create bespoke multi-manager multi sector portfolios at short notice.
RAPID GROWTH & STRATEGIC PIVOT
Within the first two years, the business AUM grew to almost $2 Billion whereafter we changed its focus and took the business private, realizing its immense potential and the metamorphosis of the multi manager industry.
We haven't looked back...