Introductions can be made by e-mail, and dialogue can be initiated over the phone, but true relationships can’t be established without face-to-face meetings. Years ago, investors used to tell BHA that they would never make an allocation without a face-to-face … Continue reading
Most fund managers write investor letters, but many do not take full advantage of the opportunity these missives provide. Perhaps most significantly, investor letters give fund managers the chance to demonstrate that their interests and their investors’ align. From a … Continue reading
A recent article in the “Investor Monitor” noted that investment consultants working with small to midsized institutional investors are good prospects for emerging managers. As the article pointed out, the process of receiving an allocation through a consultant is quite … Continue reading
Institutional investors usually structure their asset allocation plans to include investments that act as inflation hedges. Such vehicles generally include a combination of real estate, commodities, infrastructure, oil and gas, and timber funds. Investors have various ways of classifying these … Continue reading
Over the past several years, modifications to government regulations by South American nations have enabled pension funds to invest in alternative funds outside their countries. In 2004, Colombian pensions received authorization to invest up to 5% of their assets in … Continue reading
Recently, a wealth advisor in the Pacific Northwest told an analyst at BHA that it is very excited about the opportunities that exist today in the real estate market, as it is truly an investor’s market. This firm, which manages … Continue reading
The months of July and August are known by many in the industry as a time when vacations and holidays are common—a time when it takes more calls and creative efforts to get in touch with investors. But it certainly … Continue reading
BHA’s recent conversations with several large institutional investors in the U.S. and Europe suggest that core real estate funds will be in high demand throughout the remainder of 2010. Whether looking to balance their portfolios or establish sector and geographic … Continue reading
Recent conversations between BHA analysts and investors in the United Arab Emirates indicate that the flow of capital into private equity and real estate funds from many of the region’s investors will decrease during 2010. Alternately, these investors will focus … Continue reading
During the past two weeks, BHA gathered more than $40 million in mandates from Japanese investors looking for private equity funds focusing on distressed opportunities. Two large corporate pension funds are among those investors looking to make new commitments to … Continue reading