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Everyone talks about pods and PMs in multi-manager hedge funds. But what about the Center Book?

In this episode, Vincent and Saâd unpack the quiet infrastructure at the heart of every multi-manager platform — managing firm-wide risk, balancing exposures, and making the difference between a coordinated strategy and a collection of bets. They explore what it is, why it exists, and the critical questions allocators should ask during diligence.

If the pods are the soloists, the Center Book is the conductor — unseen by the audience, but essential to the harmony.