| Managing risks relevant to a fund of funds manager – by Chris Meads, Partner, Pantheon |
|
There are two simple ways of constructing a private equity fund of funds portfolio: topdown,
which is driven by strategy, or bottom-up, which is driven by fund manager selection.
Pantheon’s investment approach tends to be bottom-up, with emphasis on rigorous
due diligence in fund manager selection. However, we include a top-down overlay in
designing our overall investment strategy, particularly with respect to risk aspects.
This article was first published in The Definitive Guide to Risk Management in Private Equity by PEI Media: and it is not reproduced in whole or part form in any third-party publication without our prior permission. Please click here to download the PDF. |
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