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From fleeting first footfalls to tackling a truly transAtlantic crossing

While the US may have come early to the hedge fund incubation game, Europe has its own start-up assisters, as Phyllis Feinberg explains...

As 'talent sans frontieres' may describe the truly global hedge fund industry, these days, incubators have emerged on both sides of the Atlantic, seeking to help the world's best alpha-seekers onto their feet.

M.D. Sass in the US, for example, has been providing seed money to incubate emerging investment managers since 1985. The first hedge fund strategy of "meaningful size," according to Martin

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