Key Takeaways
- • BNP Paribas commits three-year funding to London Business School's Centre for Hedge Fund Research and Education through September 2008, marking the bank's first major initiative funding at LBS; the centre will be renamed the BNP Paribas Hedge Fund Centre.
- • The Centre, established in September 2001, has trained over 300 investment professionals and students through electives and short courses while conducting proprietary research on hedge fund risk management and capital dynamics—topics of regulatory and investor significance.
- • Academic leadership remains under Dr. Narayan Naik (Associate Professor of Finance at LBS), with Patrick Fauchier (Chief Executive of Fauchier Partners) chairing the newly formed Advisory Board overseeing the Centre's strategic development.
- • BNP Paribas positions itself at the forefront of hedge fund research through the sponsorship, reflecting the bank's strategic commitment to alternative investment asset classes and thought leadership in the sector.
Summary
BNP Paribas has announced a three-year funding commitment to London Business School's Centre for Hedge Fund Research and Education, extending through September 2008. Under the partnership, the centre will be renamed the BNP Paribas Hedge Fund Centre, representing the first major funding initiative the banking group has underwritten at the institution. The funding reflects BNP Paribas' strategic positioning within the hedge fund ecosystem and its intention to maintain visibility in emerging alternative investment research and education.
The Centre for Hedge Fund Research and Education was established at London Business School in September 2001 with the explicit mandate to become Europe's leading academic authority on hedge fund education and research. Over its first four years of operation, the centre has cultivated substantial industry engagement, serving as a forum where academics and practitioners exchange insights. The institution has delivered seminars on hedge fund-related topics, sponsored events for both researchers and practitioners, and educated more than 300 investment professionals and students through dedicated electives and short courses.
Research output has focused on operationally and strategically critical topics. The Centre has conducted investigations into risk management practices within hedge fund trading strategies—an area of particular concern to both financial regulators and institutional investors evaluating fund exposures. Additional research has examined the interplay between fund performance, capital attraction dynamics, incentive fee structures, fund size, operational maturity, and capacity constraints—factors that directly inform institutional investment decision-making and portfolio construction.
Governance of the expanded initiative has been formalized through an Advisory Board chaired by Patrick Fauchier, Chief Executive of Fauchier Partners, with Dr. Narayan Naik retaining academic direction. Through this funding arrangement, BNP Paribas signals its commitment to advancing hedge fund research infrastructure and positioning itself as a strategic participant in thought leadership within the alternative investment industry.
The Centre for Hedge Fund Research and Education was established at London Business School in September 2001 with the explicit mandate to become Europe's leading academic authority on hedge fund education and research. Over its first four years of operation, the centre has cultivated substantial industry engagement, serving as a forum where academics and practitioners exchange insights. The institution has delivered seminars on hedge fund-related topics, sponsored events for both researchers and practitioners, and educated more than 300 investment professionals and students through dedicated electives and short courses.
Research output has focused on operationally and strategically critical topics. The Centre has conducted investigations into risk management practices within hedge fund trading strategies—an area of particular concern to both financial regulators and institutional investors evaluating fund exposures. Additional research has examined the interplay between fund performance, capital attraction dynamics, incentive fee structures, fund size, operational maturity, and capacity constraints—factors that directly inform institutional investment decision-making and portfolio construction.
Governance of the expanded initiative has been formalized through an Advisory Board chaired by Patrick Fauchier, Chief Executive of Fauchier Partners, with Dr. Narayan Naik retaining academic direction. Through this funding arrangement, BNP Paribas signals its commitment to advancing hedge fund research infrastructure and positioning itself as a strategic participant in thought leadership within the alternative investment industry.
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