Access to track record a key component to branching out
Access to track record a key component to branching out
Debra Lussier
When investment executives leave an alternative investment firm, the big question is whether and how much of their track record can they bring with them.
Track records reflect the net performance of investments that can be attributed to the executive. They are especially important for executives wishing to start a new money management firm because there is no way to market the firm or a fund without a track record, said Debra K. Lussier, Boston-based asset management partner and co-leader of the buyout and growth equity funds team at law firm Ropes & Gray LLP.