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Hedge Clipping.
In 2000, Harry Kat got a call from a corporate headhunter who asked whether he would be interested in joining a financial firm that invested in hedge funds--a so-called fund of funds. Kat, a forty-three-year-old Dutch economist, had recently left a high-paying job at the London office of Bank of America to pursue a career in academe. He didn't know much about hedge funds, but he agreed to be interviewed by an executive at the firm.
Hedge funds are privately owned financial companies that raise cash from very wealthy individuals and institutional investors, such as pension funds and charitable endowments. Unlike banks and brokerage firms, hedge funds are largely ...
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- Hedge Funds, January 1999: Life After Long Term Capital Management.
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...guidelines in late August. Some mutual fund managers are surprised that hedge funds are taking off in Asia. They say...and launched an offshore umbrella fund last week to incubate small hedge funds. The Kangaroo Fund is aimed at fund managers resident...
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- Press release article from: Business Wire October 31, 2002 700+ words
...news, not just hedge funds. So when a hedge fund manager takes...particularly if the fund is large...familiarity with hedge funds. Hedge funds...powerful hedge fund story to be newsworthy. -- Most hedge funds are independently...