In addition to surviving long enough to develop a track record, the 'holy grail' of target assets under management ( AUM) has long been spoken as being an AUM of USD100 millon, as that number then very quickly becomes USD200 million or USD300 million as the fund suddenly comes onto the radar of institutional managers whose own investment restrictions prevent them allocating their investment capital to smaller funds. The challenges facing the next generation of hedge fund managers are starker than ever before, with increased barriers to entry caused by an ever increasing regulatory burden coupled with the continued existence of a macro-economic environment impacting upon investment performance.įor emerging managers seeking to attract investor allocations, the need to be able to demonstrate a proven track record to prospective investors has never been more important. Generally institutional investors will look to a three-year track record as a pre-requisite for investing, whilst funds-of-funds, family offices and high net worth investors will frequently be comfortable with a shorter track record than this (perhaps 12 to 18 months?). The challenge facing an emerging manager therefore is how does it achieve this track record as cost effectively as possible without drowning under the operational constraints of running an investment management business. Hernan holds an Economics degree from Universidad de los Andes and a Master in International Finance and Business from Columbia University.Who would want to be a start-up hedge fund manager? Simon Schilder, partner at Ogier in Jersey, and TEAM BVI UK member with BVI Finance, examines the challenges facing the next generation… Hernan has served as a director or observer to several corporate boards, including Brunate (holding for Colfondos, Colombia’s third largest pension fund), TIP Mexico (Mexico’s largest lessor of transportation equipment), HTC Teleservices Corporation (Mexico’s leading contact center provider), Pacific Star Logistica (leading foodservice logistics provider in Mexico), and (a leading Latin American on-line travel operator, later sold to ). Morgan’s Latin America M&A Group in New York. Morgan Partners as an associate with the firm’s Latin America and European private equity groups in New York and London, and for two years with J.P. Prior to joining Altima, he worked for three years at J.P.

Prior to Linzor, Hernan spent three years as a Principal with Altima Partners, a global hedge fund, where he was co-responsible for raising and investing a dedicated equities fund for Latin America and later developing the firm’s efforts in global transportation and infrastructure opportunities. Further, he oversaw the successful divestment of Colfondos Cesantías y Pensiones S.A., Colombia’s third largest pension fund administrator, to the Bank of Nova Scotia. While at Linzor, he was part of the team that led the acquisition of TIP Mexico, Mexico’s largest transportation equipment lessor, from General Electric.

At Linzor, Hernan was responsible for analyzing investment opportunities across industries with a particular focus on companies in Colombia, Mexico and Peru. Prior to founding Brooklyn Incubator, Hernan spent just over two years as a Principal at Linzor Capital Partners, one of the leading private equity firms in Latin America. Hernán Romero van Gompel Founder & Managing Partner

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