Selecting the right candidate for a role is challenging for any business...: Selecting the right candidate for a specific role is challenging for any business, and that's especially the case in an industry as volatile as how finance can be. Senior management at one investment company, however, knows exactly what criteria they have in mind when it comes to selecting future hedge fund managers. "We focus on specialist managers in London and New York and we're looking for the younger, hungrier hedge fund managers," Erik Serrano Berntsen, CEO and co-founder at Stable Asset Management, told CNBC last week.