The wealth management industry has seen assets surge over the last decade as markets have recovered from the great financial crisis, presenting new opportunities – and challenges – for hedge funds trying to raise assets.

Over the last two years there has been a significant evolution in many of the operational processes that contribute to the smooth functioning of alternative investment managers’ businesses.

The pandemic has been a catalyst for innovation across the alternative investment industry as it responded to the challenges caused by COVID-19, and one area in particular which had to adapt is investor relations.

In the world of alternative investments, complexity isn’t a novel trend. The rise of hedge funds was followed by an explosion of illiquid strategies including private equity, infrastructure and real estate.