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EGFS is seeking to provide traders and
money managers with new Assets Under Management (“AUM”).
Through its
affiliates and partners EGFS has extensive capital
available to allocate to traders and money managers
willing to augment their capital under management with
new AUM to prove their trading strategy and, based on
successful performance, allow EGFS to assist in growing
the AUMs of those selected by EGFS.
In choosing hedge
funds or money managers to seed and support - besides
evidence of performance - EGFS's qualitative criteria
include the following:
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The manager must be highly ethical.
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The manager is willing to grow soundly with a good
foundation. We are wary of people who want to grow
too fast.
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The manager must put investment results and client
interests first. A responsible fiduciary.
- We
prefer the manager to have a strategy or investment
approach that seems transparent, has good risk
controls and makes sense (although we do not exclude
black box or trading strategies with enough data
points).
- We
are normally reticent about managers who are over
confident or arrogant. These reflect a lack of
understanding of the vagaries of the investment
process.
- We
like managers who are collegial and listen to input.
- We
like managers with a long term horizon and view -
looking ahead 10-20 years as regards development of
client services and their own businesses. (We do
realize many startups, however, are more focused on
making a living during the first couple of years).
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The manager should have most or a good share of his
or her liquid net worth (if any) in the
fund managed.
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