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, December 2–8, 2017Receive this by email