Case Study: The Journey of One Family Office

The Sackler family has been a multi-generational investor in hedge funds for over 20 years. They recently transitioned a portion of their portfolio from traditional limited partnership structures into liquid alternatives, also known as alternative mutual funds or ’40 Act vehicles.  Are these vehicles the truest form of innovative disruption the hedge fund industry has seen in decades? In partnership with the family’s long-time liquid alternatives consultant, Brad Balter and his firm Balter Capital Management, they think this is precisely the case. This has led to a reclassification and a new framework for the family’s approach to hedge fund investing. The discussion will include a detailed synopsis of how the Sackler Family began their process of due diligence and journey into the liquid alternatives space.