Welcome to your new business centre!

Building Ties Between Toronto and Bermuda, October 4, 2012

New Opportunities for Canadians Investing in and through Bermuda

Mainstream Canadian Banks Must Embrace Alternatives

New Database of Hedge Funds With Performance Shown in Canadian Dollars

The Importance of Business Process Maturity and Automation in Running a Hedge Fund



The Hedge Fund Hotel is calling all Canadian hedge funds to submit their data to be considered for the Fifth Annual Canadian Hedge Fund Awards, sponsored by KPMG.

The winners will be announced on 30 October, but the judges will be meeting in September to go over the data and determine the winners, so we urge you all to submit your data ASAP. As in years past, we have kept the categories simple, they are as follows:

For “established funds”:
Best 3-Year Annualized Return (August 1, 2009 - July 31,2012)
Best 3-Year Annualized Sharpe Ratio (August 1, 2009-July 31, 2012)
For “new” funds *:
Best 1-Year Return (August 1, 2011-July 31, 2012)
(* less than 3 Year and more than 1 Year track record)

Please submit your data – monthly returns NET of fees – in Excel format.

The judges will also consider nominations for the Industry Recognition Award: An Award for Ongoing Contribution to the Canadian Hedge Fund Universe

Michael Gratch (PM, Westcourt Capital) will once again run the numbers and present them to the judges, which for 2012, will include David Mather (Integrated Asset Management), Eamonn McConnell (Kensington Capital Partners), Peter Hayes (KPMG), and David Kaufman (Westcourt Capital Corporation).
If you wish to submit your fund’s performance or register for the Awards, please do so here or contact Michael Gratch directly at mgratch@megastratcorp.com. All media enquiries, please contact sarahb@isipublications.com.

Welcome to Toronto's only "Hedge Fund Hotel". Based on similar facilities in other international financial centres, the Hedge Fund Hotel is tailored to meet the specific needs of the new hedge funds, as well as companies serving this alternative investment industry.

Located conveniently at Bloor and Church (just steps from the Bloor-Yonge subway), our offices offer premium services at competitive rates.

"Northland Wealth Management  moved into the “hotel” in early summer 2011, and I was very impressed with the support we received from Sarah and Janet.  Moving and start-ups can both stressful occasions, but Sarah and her team  did all they could to help us weather the transition. I would recommend this unique business centre to anyone. This solution offered us instant peace of mind and a professional office to hang our hat!"
Paul Mascard, President, Northland Wealth Management

“Sarah Barham and William Woods have established a professional facility with the amenities that fund managers require. Beyond offering a supportive environment, the Hedge Fund Hotel is the focal point for Canada’s emerging fund manager community.”

Steven Salamon, CFA, ROSALIND Advisors, Inc.

 The following is a short excerpt from the latest edition of, How to Start and Grow a Successful Hedge Fund in Europe. The book is sponsored by Credit Suisse and Dechert LLP.

"The main criteria for evaluating office space
Location and proximity to transportation: Give serious consideration to the ease of commuting for you, your partners and employees between office and home. Proximity to major transportation hubs (domestic and international) is also a factor in the marketing and capital raising process.

Your space requirements: Take into account views, layout, quality and appearance beyond practical needs (a reception area, conference room, equipment storage room, elevators, etc). The quality and appearance of your office and building will affect your fund’s outward image.

Efficiency: During your preliminary planning, bear in mind that there is typically a 25% difference between rentable and usable (ie, carpetable) office space. Choose the most efficient layout and explore sharing facilities, such as conference rooms..."
Credit Suisse Advanced Prime Services (APS) Team.