Jay Karpen
Verified
I manage a $200mm portfolio of hedge funds and a $100mm portfolio of private equity funds. My responsibilities include sourcing of and performing due diligence on new investments, monitoring the current portfolio, and communicating with investors. I source funds using my analytical skills, institutional knowledge of hedge funds (investment process, risk management, construction) and my deep professional network. To monitor the portfolio, I also speak regularly with our underlying funds and carefully track their exposures, risk, and attribution data. I then analyze this information to propose any necessary portfolio adjustments, including adding, trimming, redeeming, or selling positions. Lastly, I communicate with investors about their portfolios. My key tool to keep them informed is a monthly letter that covers market overview, underlying performance, new investments, and outlook. In addition, I am always available to field phone calls, e-mails and in-person questions.