Covid-19 has left many investment professionals wondering whether they could garner better economics by setting up their own funds. We spoke to 21 market sources involved in successful spin-outs about leaving an established franchise and starting anew.
Whitehorse Liquidity Partners is a rising star of the preferred equity market, led by one of the industry’s most charismatic figures. What’s behind its success? A strategy treated as ‘genius’ by some and with wariness by others.