Hedge fund distribution has been forced to change because family offices and HNW investors are reluctant to seed new investment managers. Great Lakes is positioned to support these managers–directly or through their administrators–as they seek to raise assets from independent brokerage platforms. The vast majority of hedge fund administrators are not able calculate trailing commissions paid to brokers for selling products that target mass-affluent and retail investors. Great Lakes Fund Solutions has been supporting alternative investment funds distributed through brokerage platforms for 31 years.
How will the hedge fund administration industry and the systems that they use evolve to meet this shift in how alternative investment funds are raising money?