NYAIR Episode 42 – The Hedge Fund Industry Matures –A 30 Year Veteran on What’s Next

A conversation with Andrew Gitlin, CEO of Paamco Launchpad and Atlantic Aligned Investors, regarding what investors can expect from the hedge fund industry in the coming years. Topics touched on range from investment timing, to emerging managers, seeding and even opportunities in ESG investing.

Andrew Gitlin is CEO of PAAMCO Launchpad and Atlantic Aligned Investors. PAAMCO Launchpad is a hedge fund seeding platform that partners and co-invests with institutional investors to support the launch of talented hedge fund professionals. The Employee Retirement System of Texas is its initial partner on the platform. He has been a pioneer and leading executive in the hedge fund and manager seeding space for almost 30 years. Gitlin began his career as the executive responsible for conceiving and launching the first US commercial bank hedge fund at Chase Manhattan Bank, where he helped develop early due diligence techniques and identify emerging investment talent into the late 1980’s. Following that he became CEO of AIG International Asset Management, where he created one of the first large scale multi manager and seeding platforms and helped turn it into a multibillion-dollar business. After leaving AIG he launched his own commodity arbitrage hedge fund, which grew to $1 billion within 18 months. He subsequently partnered with the Dubai government to build an alternative investment business in the Gulf Cooperation Council and launched Prime Allocation Group to identify, fund and nurture emerging managers. He is also the author of the book Strategic Currency Investing.

The discussion is moderated by Robert Akeson of Mirae Asset Securities (USA).