A Different Approach to Manager Selection
At Hillview, we take an unconventional approach to manager selection. We start by targeting strategies and themes we want to explore, and then interview managers that have the demonstrated ability to successfully invest in those areas. We compile managers primarily through referrals and networking rather than by volume screenings of commercial databases. As a result, we will invest with boutique or lesser known firms resulting in long-lasting relationships with managers off the radar of databases and consultant screens.
One of the benefits of such relationships is that we have partnered with these firms to exploit strategic opportunities geared toward specific client situations. Because we are considered valued and strategic investors, they make portfolio managers and key decision makers accessible to us. This enables us to perform more comprehensive and effective due diligence and monitoring than what is considered typical in our industry.