BHA to Release Quarterly Research Report
The BHA Quarterly Research Report, which is to be released this week, covers a number of trends that emerged during the third quarter in the alternative investments industry. Analysts interviewed more than 1,000 investors that are actively making investments in hedge funds, private equity and real estate funds, and related funds of funds. The 20-page report highlights the current and shifting interests among leading institutional investors.
Included in the report is an in-depth look at the current interest in event-driven strategies. Throughout the quarter, an array of investors gravitated towards event-driven hedge funds, primarily in the merger/risk arbitrage and distressed fixed-income areas. BHA statistics show that a little more than 31 percent of investors profiled expressed an interest in either distressed, merger/risk arbitrage, or special-situations strategies.
Another segment of the report outlines the resurgence of the technology sector. During the past quarter, BHA saw an 11.2 percent increase in demand for technology-focused funds among private equity investors. There was similarly high demand for tech-focused funds in the hedge fund space.
BHA also tracked the strong and growing demand from a multitude of investor categories in private equity funds. Wealth advisors, government pension plans, family offices, and insurance companies all showed considerable interest in speaking with private equity fund managers. Interest from such a wide range of investors should be encouraging for an asset class that is still recovering from a difficult 2008.
In real estate funds, investors showed a particular appetite for those focused on Asia. While European and U.S. funds still garnered the majority of interest, there was a significant increase in the number of investors that were interested in Asian real estate funds.
These trends, as well as several others, are outlined and analyzed in detail in the BHA Quarterly Research Report. After publication, any questions or comments can be directed to Blake Foster via e-mail at mf@brightonhouseassociates.com.