Why specialised fund of funds focusing on US venture capital complement a private equity portfolio well
19/12/2007. Fund of funds have become one of the most important LP groups in private equity funds. According to The 2007 Fund of Funds Review approximately 38 per cent of worldwide private equity assets are controlled by fund of funds. Smaller institutions having assets under management below $10bn are the most important customers of these fund of funds, writes Holger Seidel of BPE Fund Investors.

Charmed by the East
04/07/2007. Funds of funds are mushrooming in Asian private equity, says APER. Excitement stirred in the Asian private equity fund management industry when Asia Alternatives Management LLC announced the final closing of its maiden Asian fund of funds. Asia Alternatives Capital Partners LP greeted the industry with a final size at US$515m and took the crown as the largest Asia-focused fund of funds.

Investing in private equity through a fund of funds
11/10/2006. Important considerations in portfolio allocation to private equity are examined by Fort Washington in this introductory paper on the subject.

Asian Fund of Funds Flowering
09/11/2004. The launch of two new Asian funds of funds underscores a groundswell of global institutional interest in Asian private equity, says the APER. They argue the time appears to be ripe for establishing Asian private equity fund of funds.

Alternative assets: Private equity fund of funds
24/02/2004. Fund of funds offer investors access to elite funds and knowledge of emerging funds that have the potential to achieve top quartile performance, according to Piper Jaffray.

The information deficiency problem of private equity fund of funds: a risk and monitoring management perspective
14/05/2003. The importance of risk and monitoring management of private equity investments has increased in importance with the crumbling equity markets and the industry's emergence as an alternative asset class for investors. Gregor Diem of the University of Birmingham discusses its importance to private equity funds of funds and suggests some improvements that could be made.

Funds of funds - an industry in transition
19/02/2003. The number of funds of funds has increased dramatically over the last few years, but how has the industry shaped up? And how many players will survive the current downturn? A new research paper explores these issues.

Private equity fund of funds
08/01/2003. For those interested in investing in private equity but unsure where to start, the fund of funds may be the best option. In an extract from The Handbook of Alternative Investments (ed. Darrell Jobman, John Wiley & Sons 2002) Geoffrey Hirt, Thomas Galuhn and Paul Rice provide an introduction to funds of funds. They also outline important points to look for when making the investment decision.

How investment consultants evaluate a fund of funds manager
04/12/2002. Investment consultants have started to place a greater emphasis on the importance of properly evaluating private equity fund of funds managers. Peter Baynham of Mercer Manager Advisory Services gives an overview of the criteria that consultants now use to achieve such an evaluation.

European private equity funds of funds
16/07/2002. Institutional investors are showing an increasing interest in private equity, yet many are unsure as to how they should go about investing in the asset class. Stephan Breban of Watson Wyatt gives an introduction to the types of investments available, with particular emphasis on funds of funds.

Private equity: the role of fund of funds investing
18/06/2002. Even though the markets have become more volatile, institutional investors should still consider investing in private equity. Ray Maxwell of Invesco argues that private equity can help to diversify a portfolio and balance risk and return in the long term.

Private equity funds of funds: a checklist of legal and regulatory issues
15/04/2002. Funds of funds play an important role in providing investors with diversification in private equity commitments. But, these funds face a barrage of regulatory and tax issues in the US and this should be a matter of concern to everyone in the industry, say Joseph A Hugg and David W Tegeler of Testa Hurwitz & Thibeault.

Why primary and secondary funds of funds are still of key interest
26/03/2002. Investors in private equity funds have seen their returns plummet over the last couple of years and are understandably cautious at the moment. However, as Charles Soulignac of Fondinvest argues, primary and secondary funds of funds remain an effective vehicle – allowing investors to take advantage of private equity while still controlling risks.

We have been told that funds of funds can help investors learn about the asset class. What can they teach us that we wouldn't be able to learn on our own?
12/03/2002. A: From Timothy J Reynolds, general partner, von Braun & Schreiber Private Equity Partners. The simple answer is nothing. A fund of funds is merely doing already what you want to do – investing in private equity funds – and merely possesses already the knowledge and abilities that you need for success. Thus, before the learning question, you and your organisation should decide who is best suited to handle the professional private equity investor function – you, an external private equity professional or some combination of the two.

Funds of funds - a growing industry, but for how long?
13/02/2002. Once a relatively small part of the private equity investment scene, funds of funds have become big business - so big that their numbers have tripled over the last three years. But is this growth sustainable? And does it really mean a greater choice for investors?

Fund of funds and investment strategies
05/02/2002. In this light-hearted presentation, Ray Maxwell of Invesco discusses the parallels between private equity and football. taking in market developments, liquidity issues and the future.

Selection of private equity fund of funds - managers: a few clues
30/01/2002. Private equity's ‘euphoria' period of 1995-2000 has given way to a downturn in the industry as investors face a slowdown on stock markets and have less capital to commit to the asset class. Charles Soulignac of Fondinvest Capital documents the rise in fund of funds activity and suggests some fundamental points when selecting a fund of funds manager.

My pension fund has been investing via a fund of funds for a few years. We're now looking to make our own fund investments, but the due diligence seems endless. What should we really be looking at?
11/12/2001. From Jeremy Golding, Golding Capital Partners: You should be able to get some advice from the fund of funds you have been investing with. However, you can follow a structured approach that takes into consideration the past, present and future of the funds that you are looking at.

Fund of funds take off in Spanish market
27/11/2001. The fund of funds market in Spain has experienced spectacular growth over the last few years, explains Paula Garrido of I&PE. This article offers an insight into how fund of funds in Spain can work for investors and discusses some of the regulatory issues surrounding this area of the Spanish market.

How do I choose a fund of funds?
11/10/2001. From Charles Soulignac of Fondinvest: Choosing the right fund of funds management team is crucial. Investors should be looking for a specialist, recognised and experienced team able to offer good opportunities in several markets, providing performance, quality reporting and professionalism.

Why go the fund of funds route?
09/07/2001. Funds of funds are gaining increasing recognition as a viable way to invest in the private equity industry. Here Fondinvest Capital looks at the rise of these funds and details why they represent an excellent investment opportunity.

Single investor private equity fund of funds: why compromise?
29/05/2001. Fund of funds is a relatively new concept for private equity investments and makes this asset class accessible to a broad base of potential investors. But a new, even more flexible type of fund of funds has emerged. The single investor fund of funds allows institutions to customise their investments to suit their needs. Here FERI Private Equity presents the benefits of using this type of vehicle to invest in the asset class.

Accessing venture capital and private equity through fund of funds
29/05/2001. Investing via a fund of funds can give you access to the best funds and ensure that you have a diversified private equity portfolio. Wilshire Associates outlines the benefits of fund of funds.