Today Alternatives Watch revealed the results of Sudrania Fund Services and LaunchPad Creative’s “Fund Formation Survey,” which took the pulse of the legal community on what types of funds they expect to see launched in the next 12 months.
The survey was conducted by Alternatives Watch via email from mid-December 2020 through January 2021 and included 90 global law firms specializing in alternative investments. One-on-one conversations were held with 20 firms, based mostly in the U.S. and Cayman Islands, about expectations for new fund launches among clients.
Lawyers specializing in alternative investment strategies revealed that the most likely arenas for new fund launches over the next 12 to 18 months will be private equity (26%) and credit strategies (26%), followed by long/short equity hedge funds (21%), (11%) for real estate and ESG and (5%) for crypto related funds.
Sudrania Fund Services, which is a fund administration firm based in the Chicago area, has observed growing interest in the digital assets realm and private equity space too, according to Founder and CEO Nilesh Sudrania. LaunchPad Creative, which works with fund managers in telling their stories, is also witnessing renewed momentum across the alternative investment spectrum when it comes to fund launches, according to Founder Kristin Steele.
Click here to view the full survey results.