Insights · Whitepapers · Podcast · Comparison guides
For fund operators, by fund operators.
Plain-English playbooks on structuring, jurisdictions, ops, and compliance. Monthly cadence. No marketing fluff.
Articles & blog
Short-form commentary on the alts industry, structuring, and operations.
Topic
Audience
Showing 56 posts
INDUSTRYFOR GPS
Emerging Market Hedge Funds Outlook Uncertain but Fundamentals Remain Strong
Emerging markets hedge funds have had it good for few years now, posting positive numbers in 2023, 2024 and…
OPERATIONSFOR GPSFOR FAMILY OFFICES
The Backbone of Alternative Credit: Why Operational Infrastructure Matters
Alternative credit may be in the news at the moment thanks to the impact of both macroeconomic and geopolitical factors, but what remains constant is the desire from investors for yield,…
INDUSTRYFOR FAMILY OFFICESFOR GPS
Bank Lending Just Turned a Corner — Here's Why That Matters for Private Real Estate Debt
I came across this article(https://www.trepp.com/trepptalk/multifamily-credit-rebound-sloos) from Trepp the other day that I found interesting, and not only because, somehow, the author has managed…
INDUSTRYFOR RIAS
Is the H1B Visa Fee a Boon for Canada's Venture Capital Industry?
While many in the alternative investment industry were downing tools in late December ahead of the Christmas and New Year break, U.S. District Judge Beryl Howell in Washington, D.C. rejected a…
OPERATIONSFOR RIASFOR GPS
Closing the Year Strong: How Operational Excellence Builds Investor Trust
By the time you read this, you may well be knee-deep in investor reporting, audits, compliance checks, and performance reviews. Or, at least, you will have started them (please tell me you have…
INDUSTRYFOR RIASFOR FAMILY OFFICES
Why Delaware Still Wins for Private Funds (Even If Coinbase Just Left)
While tangential to the private funds industry, the news last week that cryptocurrency exchange Coinbase is packing its bags and reincorporating in Texas got me thinking again about Delaware's place…
INDUSTRYFOR RIAS
The Door is Open: Why Wealth Managers Should Prepare for a Flurry of 401(k) Alternative Investment Inquiries
The alternative investment industry is buzzing, and it's not just institutional investors taking notice. President Trump's recent Executive Order — 'Democratizing Access to Alternative Assets for 401(k) Investors' — has sent a clear message…
INDUSTRYFOR FAMILY OFFICES
Beyond 60/40: Why Alternatives Belong at the Center of Modern Portfolios
For decades, the 60/40 portfolio - 60% equities, 40% bonds - has been considered the bedrock of long-term investing. Recently, even large firms like Vanguard have floated a move toward 70% bonds and…
OPERATIONSFOR FAMILY OFFICES
Why Family Offices Are Turning to Outsourced Middle and Back Office Solutions
Family offices have been on a remarkable growth trajectory over the past decade. What was once the preserve of ultra-high-net-worth families has evolved into a more widely adopted model, with single-…
INDUSTRYFOR RIAS
The Case for Alternative Investments in Wealth Management
Here at Fundviews Capital, we have been banging the alternative investments / wealth manager drum for a while - it is in our DNA, to a certain extent, as many of you will know given my background in…
STRUCTURINGFOR RIASFOR FAMILY OFFICES
Considerations for U.S. Wealth Managers: Choosing Between BVI and Cayman for Pooled Investment Funds
As wealth managers increasingly support ultra-high-net-worth families in building investment vehicles beyond traditional portfolios, one key question often arises: Where should the fund be domiciled?…
OPERATIONSFOR RIASFOR GPS
AI Agents in the Private Funds World: Hype, Hope, and Harsh Realities
The emergence of AI agents—task-specific bots built on large language models (LLMs)—has ignited a wave of optimism across industries, including the often slow-moving world of private funds. Promises…
INDUSTRYFOR RIAS
When Will Commercial Real Estate Investors Catch a Break?
It has been a difficult 18 months or so for the commercial real estate investor set.
TAXFOR RIASFOR GPS
How Strong Middle and Back Office Operations Set Private Fund Managers Apart During Tax Season
As private fund managers navigate an increasingly complex investment landscape, many are turning to third-party "platform" providers to streamline middle and back-office operations. While cost…
INDUSTRYFOR RIASFOR FAMILY OFFICESFOR GPS
Retail Investing in Private Equity: A Growing Opportunity or a Misunderstood Market?
Private equity (PE) has long been the domain of institutional investors and ultra-high-net-worth individuals. However, in recent years, there has been a growing push to open the asset class to retail…
OPERATIONSFOR GPS
What Happens to a Private Fund Investment When an Investor Passes Away?
Investing in private funds—such as hedge funds or private equity—can be complex, especially when it comes to ownership transitions after an investor passes away. Many investors hold these assets…
INDUSTRYFOR GPS
Understanding Key Person Risk in the US Alternative Investment Industry
You're a newer or emerging manager in the U.S. alternative investment industry, and you have just come back from Miami where you've had what seems like a year's worth of investor meetings in just two…
EVENTFOR RIASFOR GPS
Wealth Managers Look to Direct Investing Opportunities as Differentiation Benefit
It's that time of year again when the great and the good of the alternative investment industry descend on Miami. Although, with a range of events in December also popping up in recent years -…
COMPLIANCEFOR RIASFOR GPS
The Difference Between a Fund and an LLC for Pooling Investments with Family and Friends
Pooling resources with family and friends to make investments can be an excellent way to leverage collective financial power. However, the legal structure you choose for your investment group can…
COMPLIANCEFOR RIASFOR GPS
The FinCEN BOI Filings Legal Saga: A Closer Look
In the ever-evolving world of financial regulation, few topics have generated as much buzz and debate as the FinCEN Beneficial Ownership Information (BOI) filings. Intended to bring greater…
INDUSTRYFOR RIASFOR GPS
When Is an Emerging Manager an Established One?
The US holiday season is now in full swing, which, for those in the alternative investment industry, brings with it a degree of freneticism. In the hedge fund space, redemptions to realise gains (or…
INDUSTRYFOR RIAS
Private Debt Juggernaut Continues Apace
On November 7th, the US Federal Reserve cut the Federal Funds rate for the second meeting in succession. The target range is now 4.5% - 4.75%, a 25 basis points drop from September, which itself…
INDUSTRYFOR RIASFOR GPS
Considerations for RIAs When Launching a Pooled Investment Fund
The increasing interest in alternative investments from registered investment adviser (RIA) clients in the U.S. is driving a corresponding increase in the number of pooled investment funds that RIAs…
INDUSTRYFOR RIAS
Is Distressed Multifamily Investing the New Distressed Office Investing?
Towards the back end of last year, I found myself wondering on more than one occasion why I hadn't seen more activity in the distressed commercial real estate market. Indeed, I wrote a blog post…
COMPLIANCEFOR RIASFOR GPS
Private Fund 'Time-To-Launch' Does Not Have to be So Lengthy
Launching a private fund in the United States can be an almost daunting endeavor, fraught with regulatory hurdles, operational complexities, and significant time and financial investments. From hedge…
INDUSTRYFOR GPS
Private Equity Deal Activity Should Accelerate in H2- Right?
It should not be a surprise that transaction activity in the private equity industry has slowed in the past 12-18 months. On the buying side, higher interest rates have had the impact of making the…
COMPLIANCEFOR GPS
New FinCEN Beneficial Ownership Reporting Requirements for Private Fund Managers and Other Companies (January 2024)
The United States Corporate Transparency Act (the "CTA") was passed by the United States Congress in early 2023 to improve financial transparency and increase the effectiveness of anti-money…
STRUCTURINGFOR RIASFOR FAMILY OFFICES
The SPC Advantage: Streamlining Family Office Wealth Management
For family offices, navigating the complexities of wealth management across generations requires a robust and adaptable structure.
INDUSTRYFOR RIASFOR GPS
Is Private Equity Interest in the NFL Really All About the Real Estate Play?
The talk of the town in private equity circles at the moment is the potential for the NFL to allow private equity groups to own stakes in NFL teams. This has obviously been in the news for a while,…
STRUCTURINGFOR RIASFOR GPS
The Series LLC: A Boon for Asset Management Firms
It's been a while since I've written about the Series LLC structure - back in November 2022. So, this month, I'm revisiting it.
INDUSTRYFOR RIAS
Continuation Funds Providing New Solutions for Private Debt GPs and LPs
Before founding Fundviews Capital, I helped wealth managers to create customised portfolios of alternative investment products, which included private credit funds. The team I was part of reviewed…
OPERATIONSFOR RIASFOR GPS
Why Your Private Equity Firm Needs an Outsourced COO: Unlocking Efficiency and Growth
In the fast-paced world of private equity, where deal flow and maximizing returns reign supreme, operational efficiency often takes a backseat. However, a robust operational backbone is crucial for…
EVENTFOR RIASFOR GPS
Fundviews Capital Hosts 2nd Annual Alternative Investment Cocktails and Bites
Fundviews Capital hosted alongside fellow event sponsors, Wealthblock, Gryphon, Shadmoor, Akram & Associates, Divergent Capital Asset Management, Housing US, Thompson Creek, EFSI and Riveles Wahab…
INDUSTRYFOR RIASFOR GPS
Will 2024 Be The Year When Distressed Commercial Real Estate Finally Gets Going?
If you read the news, you'll know that the commercial real estate (CRE) market has been in dire straits for almost a year, with seemingly everyone, including me, offering an opinion on the extent of…
EVENTFOR RIASFOR GPS
Fundviews Capital Hosts 3rd Annual Alternatives Event
Fundviews Capital alongside fellow event sponsors, Voya Investment Management, EFSI, Bank United, Akram & Associates, Divergent Capital Asset Management and Riveles Wahab LLP hosted the 3rd annual…
EVENTFOR RIAS
Optimism For Alternative Investment Industry Rebound In 2024
Most subsets of the private markets - private equity, venture capital, real estate - have endured challenges raising money this year, as improved risk-adjusted returns in the liquid credit markets…
INDUSTRYFOR GPS
Accessing Medium to Longer Term Capital: A Growing Trend in Hedge Fund Industry
Recently, I saw on Bloomberg that Eisler Capital is locking up client capital for a longer period of time.
COMPLIANCEFOR GPS
New SEC Private Fund Adviser Regulations Fuelling Increased Demand For Middle And Back-Office Platforms
Much of the chatter in the alternatives world in recent weeks has been about the impact of the sweeping changes that the SEC has made to its private fund adviser compliance process. A lot of the…
INDUSTRYFOR RIAS
Private Debt Growth Attracting Wealth Managers, Smaller, Opportunistic Funds
In August, a group of lenders partnered on a $5.3bn loan to refinance financial software group provider Finastra Group's debt.
INDUSTRYFOR FAMILY OFFICESFOR GPS
Equity Hedge Strategies Will Always Be The Most Common Among New Launches
I recently saw that a report from law firm Seward & Kissel says that three-quarters of the funds in its 2022 New Manager Hedge Fund Study ran equity hedge strategies.
INDUSTRYFOR GPS
UBTI and UBIT in Private Investment Funds: What Fund Managers Need to Know
Private investment funds, such as hedge funds, private equity funds, and venture capital funds, play a significant role in the global financial landscape. These funds pool money from accredited…
OPERATIONSFOR GPS
Platform Models Can Be A Tailwind To Private Equity Asset Raising
The private equity industry, like most others in the alternative investment space, is enduring a difficult 2023, with both fundraising and deal activity down when compared to last year. Higher…
INDUSTRYFOR RIASFOR GPS
Will US Commercial Real Estate Really Have A Hard Landing?
If you're a commercial real estate investor or lender, you're probably getting twitchy at the moment. An explosion of negative news has emerged in recent months, predicting defaults on billions of…
INDUSTRYFOR RIASFOR GPS
The Fed Giveth And The Fed Taketh Away
The US Federal Reserve has raised the federal funds rate again, this time to a range of 5% - 5.25%; it is now at its highest level since 2007.
INDUSTRYFOR RIASFOR GPS
Importance Of Strong Middle And Back Office Critical For Successful PE GP-Led Strategies
Last month we saw the three-year anniversary of the majority of the stay-at-home orders that were designed to slow the spread of Covid-19 in the United States.
INDUSTRYFOR RIASFOR GPS
US Banking Sector Struggles Present Another Challenge For Crypto Hedge Fund Bulls
The crypto hedge fund space has endured a series of knocks in the past twelve months. The collapse of Three Arrows Capital and the Luna coin in spring 2022, and the FTX debacle in the autumn, each…
INDUSTRYFOR FAMILY OFFICESFOR GPS
Real Estate Investing In A Tough Spot But Signs Of Green Shoots On The Horizon
Last month, I touched on the anticipated slowdown in the US private debt market but it's the same for private equity, and venture capital, and the same also for real estate; all private markets…
INDUSTRYFOR RIAS
U.S. Private Debt Market Set To Slow Down In 2023?
Data published by Preqin in mid-December shows that $172bn was raised in the first three quarters of 2022 from 137 private debt funds. The number of funds in the market increased by 18%, from 710 to…
STRUCTURINGFOR RIASFOR GPS
SERIES STRUCTURE 101s - Pros, Cons and Pitfalls
After our last Series LLC post gained some attention, we thought we would elaborate on it.
COMPLIANCEFOR RIAS
The "WTH is an NFT?" Series - Part 1
In the past 18 months the NFT phenomenon has fully entered the public consciousness. And like any new blockchain phenomenon, the immediate questions range from is this "legal" to how do we raise…
STRUCTURINGFOR RIASFOR FAMILY OFFICES
ULTRA-HIGH NET WORTH - ARE YOU SICK OF K1s?
The term Ultra-high net worth ("UHNW") is a term for individuals with more than $30 Million in net worth, however it generally is used more fluidly for affluent investors with significant investment…
COMPLIANCEFOR RIASFOR GPS
INVESTOR CLASSIFICATIONS AND PRIVATE FUND EXEMPTIONS
When you are starting the process of launching a private investment fund, there are many considerations. One of those considerations is what type or classification of investors are you likely to…
STRUCTURINGFOR GPS
WHEN SHOULD YOU INVEST IN AN OFFSHORE FUND?
Offshore funds have been painted as havens for criminals and tax evasion in the more recent years, however there are many reasons why you would want to invest through an offshore domiciled fund such…
STRUCTURINGFOR RIAS
WHEN IS THE BEST TIME TO LAUNCH A FUND?
The truth is, the best time to launch a fund is whenever you can raise enough capital to hit critical mass, and simultaneously when the investment opportunities are ripe.
STRUCTURINGFOR GPS
WHAT IS A SERIES LLC AND WHY SHOULD I CARE?
When you structure a fund, generally it is some sort of Limited Partnership or more commonly, Limited Liability Company. There is a special type of LLC that was first created in 1996 in Delaware in…
OPERATIONSFOR RIASFOR GPS
SO YOU HAVE AN INVESTMENT…
If you can see it, think it, contemplate it, you can invest in it. There are an extraordinary amount of investment strategies both public and private that are constantly being disrupted and…
One email a month. Real ops content.
Plain-English playbooks for fund operators. Monthly cadence. No marketing fluff. Unsubscribe anytime.