Alternative Fund Insight

Start by signing up to AFI's FREE weekly intel newsletter: alternativefundinsight.com/newsletter-sign-up/*In episode 2 of the second series of the AFI podcast, host Will Wainewright is joined by Fabian Chrobog, founder of North Wall Capital, a near-€2bn private credit manager based in London. See topics covered in the notes at the bottom of this section.You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review.Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.comFollow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insightRelease date: 10 December 2024*No part of this audio constitutes investment advice. Past performance does not guarantee future returns*1:28 - Introduction to Fabian and North Wall3:16 - Evolution into diversified firm4:59 - Impact of higher-for-longer rates outlook. Focus on situational complexity opportunities.9:29 - Focus on asset-backed opportunities.11:36 - Is it ‘next frontier’ in private credit?12:25 - Legal assets strategy14:36 - How do you make decisions on which legal situations to focus on?16:45 - Impact of US election result?18:29 - ESG agenda has taken a battering - implications?20:27 - HQ in London and thoughts on political changes21:46 - Message for the Labour government?22:05 - Continuing focus on European illiquids. More international interest.23:23 - Bubble in private credit?24:50 - Culture and recruitment26:27 - Key priorities for 2025 

Start by signing up to AFI's FREE weekly intel newsletter: alternativefundinsight.com/newsletter-sign-up/*In the first episode of the second series of the AFI podcast, host Will Wainewright is joined by Simon Judes, co-CIO at Winton, a $13bn systematic specialist hedge fund in London. See topics covered in the notes below.You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review.Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.comFollow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insightRelease date: 3 December 2024*No part of this audio constitutes investment advice. Past performance does not guarantee future returns*00:40 - Introduction to AFI research offering and partner note.1:37 - Introduction to Simon Judes (background, career, role) and Winton (AuM, headcount, regional footprint)3:43 - CTA performance overview in 20246:26 - Historic backdrop to CTA performance; trend or non-trend now key?7:33 - Trend-following speed debate9:37 - Is diversification key to the appeal?11:20 - Insights into business development12:49 - Latest research focus (medium frequency strategies in macro and equity markets; systematic commodities; systematic credit; specialised interest rate strategy; and upcoming options strategy)14:14 - Focus on systematic credit15:32 - Focus on multi-strategy product17:10 - Its place within wider Winton range18:30 - Talent and recruitment20:46 - London hedge fund industry being globally significant. What about Abu Dhabi?22:05 - Current CTA positioning looking to 202523:43 - Role of more esoteric strategies24:13 - Trading China25:21 - Future of CTAs

*Discover a new world of alternative investment insight and business intelligence — AFI membership is now available. Start by signing up to the FREE weekly intel newsletter: alternativefundinsight.com/newsletter-sign-up/* In today's episode, Will is joined by Ken Heinz, president at HFR, for a conversation about the hedge fund industry outlook for performance, flows, fees and more. On the agenda: 2023 performance analysis and 2024 outlook; LP appetite for active management; strategy preferences, topped by credit; deep-dives on launch market, multi-manager trends and fees. This episode is brought to you in association with the Independent Research Forum, enabling professional investors to access a wide range of high-quality independent research. AFI recommends the Cut, its fortnightly newsletter, highlighting the latest original and thought-provoking research. www.independentresearchforum.com You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review. Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.com Follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight Release date: 25 February 2024 *No part of this audio constitutes investment advice. Past performance does not guarantee future returns*

*Discover a new world of alternative investment insight and business intelligence — AFI membership is now available. Start by signing up to the FREE weekly intel newsletter: https://alternativefundinsight.com/newsletter-sign-up/* In today's episode, Will is joined by Shiloh Bates, CIO at Flat Rock Global and author of new book, CLO Investing: With an Emphasis on CLO Equity & BB Notes: https://www.amazon.co.uk/CLO-Investing-Emphasis-Equity-Notes/dp/1642376566 On the agenda in today's podcast: The CLO investing opportunity and its resurgence in the years since the 08/09 crisis. This episode is brought to you in association with the Independent Research Forum, enabling professional investors to access a wide range of high-quality independent research. AFI recommends the Cut, its fortnightly newsletter, highlighting the latest original and thought-provoking research. www.independentresearchforum.com You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review. Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.com Follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight Release date: Tues 30 January 2023 *No part of this audio constitutes investment advice. Past performance does not guarantee future returns*

Will is joined by Jon Caplis, founder at PivotalPath in New York, to dissect hedge fund performance trends and LP priorities heading into 2024. On the agenda: - Jon's industry background and how he came to start PivotalPath, which empowers institutional investors with the ability to conduct the full cycle of hedge fund investment due diligence - Analysis of hedge fund performance this year - How higher rates affect LP expectations, and create performance tailwinds for some strategies - The future of the multi-strategy approach in the new environment - Investor preference for liquidity and areas of interest heading into next year This episode provides mission-critical insights for: managers looking to understand LP priorities; investors focused on the market shift and how it may impact performance; and service providers navigating the industry. *Discover a new world of alternative investment insight and business intelligence — AFI membership is now available. Head to alternativefundinsight.com/membership for more information* This episode is brought to you in association with the Independent Research Forum, enabling professional investors to access a wide range of high-quality independent research. AFI recommends the Cut, its fortnightly newsletter, highlighting the latest original and thought-provoking research. www.independentresearchforum.com You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review. Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.com You can sign up for a free weekly newsletter on the AFI homepage and follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight Release date: Weds 29 November 2023 *No part of this audio constitutes investment advice. Past performance does not guarantee future returns*

Will is joined by Sona Menon, partner at Cambridge Associates in Boston, for an invaluable insight into the work of outsourced CIOs and current trends in asset allocation. As head of Cambridge Associates' Pension Practice for North America she is responsible for over $20bn in institutional assets. We explore her work making investment decisions for endowments, foundations, healthcare institutions and pensions. This episode provides GPs and others in the industry with a great insight into current allocator thinking. *Discover a new world of alternative investment insight and business intelligence — AFI membership is now available. Head to alternativefundinsight.com/membership for more information* This episode is brought to you in association with the Independent Research Forum, enabling professional investors to access a wide range of high-quality independent research. AFI recommends the Cut, its fortnightly newsletter, highlighting the latest original and thought-provoking research. www.independentresearchforum.com/ You can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app. All feedback welcome! If you enjoyed this or other episodes please subscribe, leave a rating and review. Contact Will: will@alternativefundinsight.com Visit the website: www.alternativefundinsight.com You can sign up for a free weekly newsletter on the AFI homepage and follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight Record date: 8 September 2023 Release date: 8 October 2023 *No part of this audio constitutes investment advice. Past performance does not guarantee future returns*