NEW YORK (HedgeWorld.com)–A larger number of investors attended this year’s New York Roundtable Forum, a regular event organized by Jane Halsey, than in any previous year. This record-size crowd focused strongly on certain concerns that had not been on the forefront at last year’s meeting.
Notable among these were questions about risk controls, no doubt reflecting worries about market volatility, and about the extent of cash holdings. At the Roundtable, groups of investors sit with managers, listen to a short presentation, then ask due diligence questions. The investors rotate at intervals, moving to another manager’s table.
This year’s 140 participants from the investor side, most of them experienced professionals, spanned the gamut of funds of funds, university endowments, foundations and large family offices. They were there to listen to 20 presenters across a variety of strategies.
Questions such as “What is the worst that can happen with your strategy?” and “What are your risk controls?” were asked insistently at several tables during this Tuesday’s meeting. “What keeps you awake at night?” one investor asked a manager. “What is your worst nightmare?” queried another.