NYAIR Episode 11
How Hedge Funds Can Manage Human Resource Services Effectively Through Technology-Based Outsourcing
With market volatility driving a boom in hedge fund startups, managing human resources has become both a risk and a differentiator. In this essential episode, senior TriNet leader Tim Frazier and veteran consultant Steve Edney join moderator Robert Akeson to explore how technology-driven PEO models help asset managers cut costs, boost recruiting and retention, and achieve true institutional scale. For startup GPs and expanding managers, this conversation delivers practical insights you can act on now.

Featured Guests

Tim Frazier
Senior Vice President, TriNet
A proven leader in HR solutions for alternative asset managers, Tim Frazier specializes in helping hedge funds and private capital firms navigate employer complexity, regulatory change, and benefits negotiation. His track record spans hundreds of successful client implementations, equipping GPs and CFOs with scalable, compliant platforms for the entire employee lifecycle—from payroll to benefits to compliance.

Steve Edney
Former Senior Sales Consultant & National Practice Leader, TriNet
Steve Edney stands out as a go-to authority on PEO solutions tailored to hedge fund and private markets clients, having previously led TriNet’s Financial Services practice and served as New York Regional Co-Director for the Hedge Fund Association. Steve’s expertise in compliance, benefits, and operational benchmarking is highly sought after by high-performing buy-side firms.
Key Insights From This Episode
PEOs Cut Costs and Complexity
Technology-powered PEOs deliver immediate savings on benefits, sometimes reducing medical costs for emerging hedge funds by $80,000–$90,000 annually even after fees.
Liability Transfer and Compliance Peace of Mind
PEOs take on HR compliance and employment law risk, handling everything from ACA rules and harassment training to payroll tax remittance across all jurisdictions a fund operates.
Institutionalization Matters for Investors
Adopting a PEO now signals operational scale to allocators, checking a key due diligence box for institutional asset flows.
Scalability for Managers
A PEO consolidates 10+ vendor relationships—streamlining payroll, benefits, compliance, and support—letting managers focus on performance and growth.
Attract and Retain Top Talent
PEOs give even small fund managers access to Wall Street–quality group medical, dental, and vision benefits, helping teams attract and keep top people as they scale.
Transparent, All-in Model
PEOs bundle payroll and benefits, so cost transparency, vendor reputation, and accreditation are vital for fund decision-makers.
Access the Full Conversation
Hear how managers are leveraging PEOs to boost operational resilience, win investor confidence, and retain talent in a competitive workforce market. Download the custom insights deck with action steps designed for hedge fund professionals and financial services teams.
Soundbites Worth Saving
““Companies using a PEO are 50% less likely to go out of business. They can focus on their strategy, not admin—and save tens of thousands on benefits alone.”
— Tim Frazier
“The biggest advantage is access to large-group medical, dental, and vision—something new teams can’t get on their own.”
— Steve Edney
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