The Alternative Investment Management Association (AIMA) and Marex have published the Emerging Manager Survey 2024, which reports on hedge fund managers running up to $500 million in assets under management and the investors that allocate to them. The report explains how the next generation of hedge fund managers are remaining competitive and attract capital.
Key findings from the report include:
-
Against a macro backdrop of rising costs, the average breakeven point has increased since the last report in 2022
-
The average management and performance fees of emerging managers are well below the classic 2&20 model
-
Investors are more likely to have placed their latest allocation with a new hedge fund manager compared to 2022
The full report is available here.