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These investments, primarily those of high net worth clients, include venture capital, equity hedge funds and fixed-income hedge funds.
Over the years, Hurst says he approached number of investors of high net worth and close to 20 banks.
But the funds remain largely the preserve of "high net worth individuals", who account for about 75% of their assets.
The decision to downgrade perhaps finally recognises that Britain has been a country of high net migration for nearly 20 years now regardless of who is in power.
The report suggest that global wealth of high net worth individuals will grow to $59.1tn by 2012, advancing at a rate of 7.7% a year.
She has also used business angels (individuals of high net worth) which she found to be a fairly easy process, as well as venture capitalists ("much more complicated").
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The government will also offer a group of high net-worth Indians access to a bespoke visa and immigration service called the Great Club.
She added: "We will see an increasing number of high net-worth individuals filing for bankruptcy, particularly as personal guarantees on corporate debt are called in.
"The intention really is to get to this realm of high net-worth individuals to seriously look at Singapore in the way they're looking at Monaco, for instance".
The second problem is that seed investing is currently restricted to the 1% of high net-worth individuals due to the relatively steep financial barriers to entry.
Its technology has been used to monitor the skies over data centers, sports stadiums and the homes of high net-worth individuals and political figures.
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