What was the motivation behind setting up the fund of funds structure?
The motivation effectively was to take the expertise and the processes that had been built by the family office in managing its own portfolio of hedge funds, formalising that into its own entity and structure and offering that to outside investors. Having that capability beholden to external parties as well, imposes additional disciplines on the team process which we think is beneficial overall for the family office as well as for Acropolis Capital Partners. It is a way for us to stay on top and hopefully ahead of our competitors, whereas if we were in a more isolated pure family office environment perhaps that same impetus and pressures might not be there. Also purely from a monetary perspective of course, if you can derive additional income into the business by doing what you were doing in any event that seemed to make a lot of sense as well. Furthermore, it’s a way to scale the business and build resources on top of that and hopefully produce a better, more robust product. Q: What w
