A Swiss family office is currently seeking to allocate capital to a manager specializing in liquid hedge fund strategies, with an initial commitment of €5 million and the capacity to scale over time. The mandate is open to return-seeking strategies across market-neutral and long/short approaches, whether systematic or discretionary in nature. Return expectations are set at a minimum of 16.5 percent annualized over a full market cycle. The family office requires a minimum of ten years of continuous, verifiable performance history and places a strong emphasis on team stability, preferring managers with no material portfolio management disruptions in recent years.
Search Criteria
- Universe: Liquid alternative strategies/hedge funds in Europe or the United States; public markets only; no early-stage or private illiquid strategies
- Objective: Top-tier, liquid hedge fund strategies with long-term, verifiable alpha generation, strong downside protection, and institutional-grade risk management, suitable for UHNW and family office clients
- Style: Market-neutral, long/short, systematic or discretionary strategies with clear risk controls; preference for scalable strategies with disciplined position sizing
- Return expectation: Minimum 16.5% average annualised return over a cycle
- Other: Emphasis on consistency, low correlation to traditional assets, and transparent reporting suitable for UHNW clients
Minimum requirements
- Institutional-scale manager preferred; sufficient AUM to ensure operational stability
- At least 10 years of continuous, verifiable performance history (hard)
- Stable investment team; no material PM disruption in recent years preferred
- Full transparency on strategy, risk metrics, and historical performance (hard)
Other criteria
- Leverage allowed: Permitted where integral to the strategy and clearly risk-managed; excessive or opaque leverage discouraged
- Demonstrated historical maximum drawdown not exceeding 30%, with strong preference for ≤25% drawdown (hard)
Investment vehicle
- Liquid investment vehicle with ISIN (e.g. hedge fund, AMC/ETI, liquid fund or equivalent)
- Must be available for custody and execution via European or U.S. banks
- Institutional reporting standards; regular NAV and risk disclosures
- Preference for regulated, well-established jurisdictions
Process outline
- Shortlisting during Q1 2026
- Implementation Q1/2 2026
Performance data
- EUR or USD, gross
- If you submit a composite or single portfolio, please provide the returns of the fund itself (see Q6)
Deadline
February 12, 2026 (Cut-off: Midnight CET, Expiry date inclusive)
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