Author Archives: Andrew Nelson

Consultants and the Private Equity Fundraising Cycle

Andrew Nelson

As closed-end investment vehicles, private equity funds must operate within a specific window of time to raise capital. Unlike hedge funds for which fundraising can theoretically be a never-ending process, private equity funds are forced to adhere to a stricter schedule in order to successfully reach the investing phase. Oftentimes, private equity funds have existing […]

Customized Products: A Fund of Private Equity Funds Trend

Andrew Nelson

Although many investors look to funds of private equity funds for diversification, currently the majority have a more narrow focus. Year to date, 44.1% of the mandates collected by BHA show that investors interested in funds of private equity funds want a single-strategy or highly concentrated multi-strategy fund. This is in contrast to 26.8% that […]

Gains and Diversification Are Top Priorities for Emerging-Market Real Estate Investors

Andrew Nelson

Over the past quarter, BHA has seen investor interest in emerging-market real estate funds increase at an impressive rate. In fact, for some emerging markets, such as those in Latin America, the percentage of interested investors has more than doubled. During the fourth quarter of 2010, 2.6% of BHA’s real estate mandates specified Brazil. In […]

Emerging-Market Allocations Likely To Increase

Andrew Nelson

Emerging-market hedge funds have been some of the hottest performers of 2010, but they have not seen the inflows of capital that developed-market funds have received. Through the first nine months of the year, the HFRI Emerging Markets (Total) Index increased 9.3 percent, but emerging-market hedge funds saw net outflows of more than $2 billion. […]