Institutional Investor's Alpha Magazine - September 2008 - (Page 69) Alpha Bytes Hedge Fund Hotels The Light Is On NEW HEDGE FUND HOTELS — AND NEW LANDLORDS TOO. By Irwin Speizer Deals on hedge fund office space continue to include hardware, software and technical support. F or start-up hedge fund Outpost Investment Group, finding a place to anchor its new operation wasn’t just about real estate. The New York–based firm needed data lines, networking, servers, desktops, laptops, software and the technical assistance to put it all together. A few years ago Outpost probably would’ve turned to a prime broker that leased just the sort of space-plus-service package it sought. But brokers for some time have been Illustration by Elliott Golden for Alpha pulling back from the so-called hedge fund hotel business, stung by complaints about conflicts of interest and reeling, too, from a multitude of unrelated headaches. Demand for specialized office space persists, however. Funds like Outpost — preferring to focus their resources on portfolio management — are still in the market for office space that includes strong technical support. This presents an opening to financial technology services companies, hedge fund consultants and mini–prime brokers, SEPTEMBER 2008 • INSTITUTIONAL INVESTOR’S ALPHA • 69
Table of Contents Feed for the Digital Edition of Institutional Investor's Alpha Magazine - September 2008 Institutional Investor's Alpha Magazine - September 2008 Contents Letter from the Editor Longs & Shorts Pension Corner: Culling the Herd The Good Guys: Ending the Cycle Interview: Press Credentials Cover Story: Rethinking Chris Hohn Strategies: At the Edge of the Earth Profile: Alpha Femals Strategies: Tails, You Lose Research Center: The Top Equity Trading Firms Alpha Bytes: The Light Is On Unhedged: Commentary: Not-So-Dire Diagnosis Institutional Investor's Alpha Magazine - September 2008 Institutional Investor's Alpha Magazine - September 2008 - Institutional Investor's Alpha Magazine - September 2008 (Page Cover1) Institutional Investor's Alpha Magazine - September 2008 - Institutional Investor's Alpha Magazine - September 2008 (Page Cover2) Institutional Investor's Alpha Magazine - September 2008 - Contents (Page 1) Institutional Investor's Alpha Magazine - September 2008 - Contents (Page 2) Institutional Investor's Alpha Magazine - September 2008 - Letter from the Editor (Page 3) Institutional Investor's Alpha Magazine - September 2008 - Letter from the Editor (Page 4) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 5) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 6) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 7) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 8) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 9) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 10) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 11) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 12) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 13) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 14) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 15) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 16) Institutional Investor's Alpha Magazine - September 2008 - Longs & Shorts (Page 17) Institutional Investor's Alpha Magazine - September 2008 - Pension Corner: Culling the Herd (Page 18) Institutional Investor's Alpha Magazine - September 2008 - Pension Corner: Culling the Herd (Page 19) Institutional Investor's Alpha Magazine - September 2008 - Pension Corner: Culling the Herd (Page 20) Institutional Investor's Alpha Magazine - September 2008 - Pension Corner: Culling the Herd (Page 21) Institutional Investor's Alpha Magazine - September 2008 - The Good Guys: Ending the Cycle (Page 22) Institutional Investor's Alpha Magazine - September 2008 - The Good Guys: Ending the Cycle (Page 23) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 24) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 25) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 26) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 27) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 28) Institutional Investor's Alpha Magazine - September 2008 - Interview: Press Credentials (Page 29) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 30) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 31) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 32) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 33) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 34) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 35) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 36) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 37) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 38) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 39) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 40) Institutional Investor's Alpha Magazine - September 2008 - Cover Story: Rethinking Chris Hohn (Page 41) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 42) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 43) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 44) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 45) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 46) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 47) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 48) Institutional Investor's Alpha Magazine - September 2008 - Strategies: At the Edge of the Earth (Page 49) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 50) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 51) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 52) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 53) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 54) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 55) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 56) Institutional Investor's Alpha Magazine - September 2008 - Profile: Alpha Femals (Page 57) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 58) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 59) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 60) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 61) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 62) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 63) Institutional Investor's Alpha Magazine - September 2008 - Strategies: Tails, You Lose (Page 64) Institutional Investor's Alpha Magazine - September 2008 - Research Center: The Top Equity Trading Firms (Page 65) Institutional Investor's Alpha Magazine - September 2008 - Research Center: The Top Equity Trading Firms (Page 66) Institutional Investor's Alpha Magazine - September 2008 - Research Center: The Top Equity Trading Firms (Page 67) Institutional Investor's Alpha Magazine - September 2008 - Research Center: The Top Equity Trading Firms (Page 68) Institutional Investor's Alpha Magazine - September 2008 - Alpha Bytes: The Light Is On (Page 69) Institutional Investor's Alpha Magazine - September 2008 - Alpha Bytes: The Light Is On (Page 70) Institutional Investor's Alpha Magazine - September 2008 - Alpha Bytes: The Light Is On (Page 71) Institutional Investor's Alpha Magazine - September 2008 - Unhedged: Commentary: Not-So-Dire Diagnosis (Page 72) Institutional Investor's Alpha Magazine - September 2008 - Unhedged: Commentary: Not-So-Dire Diagnosis (Page Cover3) Institutional Investor's Alpha Magazine - September 2008 - Unhedged: Commentary: Not-So-Dire Diagnosis (Page Cover4)
For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.