Richard Koppel, managing director at YouDevise, says funds of hedge funds typically receive this information from fund administrators, but often only on a monthly basis, and sometimes several weeks after month-end.
"The data can be quite old, and managers are really flying blind when they are trying to run their fund," Koppel says. "Often the data is only at a very high level, so most funds of hedge funds try to complement it in some way. But it's a complex area to try to build spreadsheets to pr
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails