Rahul Moodgal describes the operational simplicity and lean team size at European equity hedge fund Parvus Asset Management.
Insight
Moodgal: Only Allocate to Managers Who Have Survived a Fund Blowup
“And for me, post-crisis, I will say to everyone, only invest with someone who's blown up or been at a firm that's blown up. Because unless they've been through a tough time, you won't know how they're going to handle it, how they're going to treat their invest…”
Prediction Not checkable as stated
Moodgal: Private fund payouts will rotate into public rather than private managers
“What's going to happen, and I think you've very elegantly said it as well in one of your recent pieces, is as these private managers start to pay out
I think a lot of that money will start going into public managers, not into private managers, like people thin…”
Insight
Moodgal: Core Investor Relations Skills Cannot Be Taught
“I don't think you can learn this. You can get better at it, but you've just got to have the people skills. I think you've just got to love people.”
Insight
Moodgal: Fund organizational structure is more important than investment strategy
“And I still think more and more that structure is more important than strategy. Structure of your team, structure of your culture, structure of your fund, structure of your organization, structure of your compensation, all those sorts of things are really good…”
Assertion Not checkable as stated
Moodgal: Raised $800M Over a Single Weekend for TCI's Visa Bet
“I'm going to Asia, Chris calls me, I land in Hong Kong, calls me on a Thursday night, and says, I need eight hundred million by Monday. Ok, fine. So I go to sleep, I wake up Friday morning, I sit on the phone, and raise eight hundred million bucks, call him, a…”
Opinion
Moodgal: Traditional Annual 2 and 20 Fund Fee Models Are Over
“So the old two and 20 Charging every year, forget it. That game's over.”