Antares Capital Management is a Dallas based single family office. In this Opalesque.TV interview, Mr Beneke explains what typically attracts family offices to hedge funds. Antares Capital is currently invested in 20 single hedge funds and does not use fund of funds. Beneke also shares the pivotal relevance of 2008 when assessing hedge funds, or money managers generally. 'What exactly did you do in 2008?', which includes in-depth analysis of a managers positions, gross and net exposures, change of exposures, actions including investor communication during the financial crisis has become a strong filter how allocators judge and select managers post-crisis. Before joining Antares, Terry was chief operating officer of Atlas Capital, a long-short hedge fund focused in US equities. He also served as Principal with Banc of America Prime Brokerage in Dallas from 2002-2004, where he led the capital introduction efforts for BofA in the Southwest. From 1989-2002 he was with White Capital Management, a Dallas area family office, which from 1999 to 2002 he served as President and Chief Investment Officer.