One of the biggest challenges faced by alternative investment sales professionals within the fund of fund channel is knowing the underlying fund’s area of focus, and who to call on.
As fund of funds differentiate themselves based on their skill of identifying, evaluating, and monitoring managers, they often have a large number of specialized analysts with an often global footprint.
Fund of funds are often able to invest early, move quicker, and allocate larger amounts than many other allocators and should be a key area of focus for every alternative strategy across its lifecycle.
At Dakota, we’ve been raising capital within the fund of funds channel since 2006, and have raised over $30 billion dollars over the last fourteen years. In that time we’ve also established Dakota Marketplace, an institutional investor database of accounts and contacts that houses all of this information.
To help you narrow down the size of the channel, we’ve put together a list of the largest allocations made in Q3 to fund of fund platforms that focus on hedge fund strategies.
Total Allocations: $258,261,701
AUM: $80,000,000,000
Metro: Austin
Total Allocations: $32,570,429
AUM: $1,881,062,106
Metro: New York City
Total Allocations: $17,635,053
AUM: $275,000,000
Metro: Tampa
Total Allocations: $15,693,000
AUM: $1,400,000,000
Metro: Dallas
Total Allocations: $4,053,144
AUM: $1,200,000,000
Metro: Pittsburgh
Total Allocations: $2,009,000
AUM: $803,000,000
Metro: Manchester, NH
Total Allocations: $1,489,043
AUM: $420,000,000
Metro: Dallas
To find out more about these firms, or view the full list of Fund of Funds, we'd love to offer you a free trial of Dakota Marketplace.
