New portfolio managers that enter the closed end private fund space encounter various headwinds that have recently permeated the industry. Accordingly, rather than chasing long-term ambitions, many new portfolio managers choose to pursue short-term strategies that allow them to: (1) build a track record, (2) keep costs down and (3) scale their business when their access to fundraising opportunities improves.

This article addresses track record and structuring considerations for new portfolio managers.

This article was originally published by the Global Banking & Finance Review.

Click here to read the article.