Skip to content
RainmakrrBook a call

Hedge funds ·

AIMA and Marex survey finds emerging hedge fund breakeven has risen to US$82.9m

The fifth Emerging Manager Survey shows smaller hedge funds building headcount and infrastructure earlier, with higher costs to reach breakeven.

The Stacking Up: Emerging Manager Survey 2026, co-authored by Marex and AIMA, draws on responses from 180 hedge fund managers with up to US$1 billion in assets and 50 institutional investors.

Emerging managers now employ an average of 10 people, up from 7 in the previous survey.

Average breakeven has risen by almost a fifth to US$82.9m.

86% of investors in the study cited operational due diligence as the biggest barrier to allocation.

Management fees average 1.43%, while performance fees rose slightly from 16.22% in the 2024 survey to 16.24%.

Primary source

AIMA (article by Marex) ↗

Written by Rainmakrr in our own words from the source above, published 21 September 2026.

More news

Other recent items, newest first.

All news

Showing 11 of 11

Hedge fundsBH Macro reports 2.43% NAV return for the first half of 2026 as its discount narrows

The London-listed feeder into the Brevan Howard Master Fund posted modest NAV gains for the six months to 30 June 2026, with share prices rising faster than NAV.

DealsMain Capital raises price for Tribal Group businesses to about £231.2m

Tribal Group has agreed improved terms with a Main Capital Partners vehicle for the sale of its businesses, lifting proceeds to roughly 105 pence per share.

Private equityArgos closes Mid-Market IX at €736m, 23% above its €600m target

The independent European private equity firm has closed its ninth Mid-Market fund 64% larger than the previous vintage.

RegulationEU supervisors name private credit among key vulnerabilities in autumn risk update

The EBA, EIOPA and ESMA have flagged private credit, external dependencies and emerging technologies as the main vulnerabilities for the EU financial system.

Finance leadershipQarlbo appoints former Hexagon CFO Robert Belkic as chief financial officer

The Stockholm-based long-term owner has hired a finance chief with a decade as CFO of Hexagon, effective 1 October 2026.

Finance leadershipCervinvest Capital hires CAPZA's Farah Fehaili as partner and head of investor relations

The Paris-based investment firm has appointed a head of investor relations and fundraising ahead of raising its Scale strategy.

DealsAccel-KKR agrees recommended £207.6m cash offer for Eleco

A bid vehicle backed by Accel-KKR funds has agreed terms to take Eleco plc private at 235 pence per share.

Private equityICG closes ninth European Corporate fund at €12bn, 50% larger than its predecessor

ICG Europe Fund IX has held its final close at €12bn, which ICG says makes it the largest dedicated structured capital fund raised globally.

RegulationFCA publishes first market-wide study of the UK alternative fund market, sized at £5.1tn

An FCA research note built from AIFMD regulatory returns maps the size, investor base, leverage and concentration of UK alternative fund management.

DealsVeritas Capital agrees recommended 940p a share takeover of Bodycote

Bodycote's board has recommended a cash offer from a Veritas Capital vehicle that values Bodycote's equity at about £1.65bn.

RegulationSEC and CFTC push 2024 Form PF amendments compliance date to 1 July 2027

US regulators have delayed the expanded private fund reporting requirements by a further nine months while they consider a separate proposal to reduce reporting burdens.

Where we look

Regulators, industry bodies and filings we check for private markets news.

FCA newsFinancial Conduct AuthoritySEC newsroomUS Securities and Exchange CommissionESMA newsEuropean Securities and Markets AuthorityUK Private CapitalFormerly the BVCAAIMAAlternative Investment Management AssociationInvest EuropeEuropean private capital associationRNS news explorerLondon Stock ExchangeCompanies HouseUK company filings

15 minutes · video or phone

Hiring for a fund or a portfolio company?

Book 15 minutes to talk through a private equity, hedge fund or finance leadership hire.

  1. 0115 minutes, video or phone
  2. 02We scope the role and the search
  3. 03A written search plan after the call
Prefer email? hello@fractional.quest →

Pick a day that suits · live availability