Liongate: hedge fund regulation impacting returns

Hedge funds may look to the '40 Act or alternative Ucits as a route into retail, but regulated frameworks limit how much risk a manager can take, hindering returns in the process, says Liongate founder Jeff Holland

Rounding up snakes might sound like a risky business. Yet, to Jeff Holland, Texas-bred managing director and co-founder of $5 billion London-based Liongate Capital Management, as long as the risks are well managed, hunting snakes means good eating.

Perhaps it was this unusual familiarity with managing risk from an early age that inspired Holland to co-found Liongate in 2003 with current chief investment officer Randall Dillard.

In contrast to the traditional concierge model of the day, Liongate