Keith Tomlinson, director of research, G2AM
The proper assessment of manager performance effectively separates luck from skill and confirms a repeatable process. This can be very tough to achieve. Finding individuals with the ability and temperament to be a capital allocator is key. One of the best starting points is incentives. We insist that managers must have a substantial part of their net worth in the fund. Otherwise, it is just other people’s money.
We also avoid complex or highly levered in
The week on Risk.net, December 2–8, 2017Receive this by email