Capital protection has become something of a mantra for funds of hedge funds (FoHFs). For Oakley Absolute Return (OAR), part of the Oakley Capital Group, it is not a mindless recitation.
The fund, launched in July 2005 with over 50% of the assets coming from the founding partners, has a strong incentive to ensure profits and - more importantly - not to lose any money. The two principals of the fund have managed direct portfolios or FoHF allocations for Rothschild, HSBC and K2 Advisors.
The week on Risk.net, October 6-12, 2017Receive this by email