Blog

It’s The Rules That Get You…

Last week the Securities and Exchange Commission adopted rules that allow it to sue hedge fund managers for “misleading investors.” This is its response to last year’s court ruling throwing out a 2004 registration requirement. After reading about these new rules, I was reminded of a scene in The Untouchables

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It is hot damn hot….

The dog days of summer have hit us. It’s not even August and over 95 degrees in New York City and it doesn’t look like the heat spell is going to break anytime soon. It is hot. The same cannot be said for the hedge fund industry results. As mid-year

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No rest for the wicked…

Its only Wednesday and the hedge fund industry this week is going crazy. The news seems to have gone from bad to good as the stories of the Bear, Stearns & Co. Inc. debacle and bailout are being replaced by the news of a deal for GLG Partners LP and

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Showing up is only a piece of the puzzle…

Game over! I’ve seen the future of the hedge fund conference and it was in Philadelphia and it is going to be in Chicago in July and San Francisco in August, because ladies and gentlemen, boys and girls the future of Hedge Fund Conferences are intimate, fun, get‑togethers where people

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People rob banks because it is where the money is…

First it was the fees, than it was the registration, now it’s the regulation. What it really comes down to is bureaucracy creation. That’s what’s going on right now as Congress and the powers- that-be try taming the so-called beast that is the hedge fund industry. Even the presidential candidates

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Its not the fees stupid… Part 2

The response to last week’s posting mostly from members of the traditional asset management managers was fabulously interesting to me. I received a number of emails with comments suggesting that I was crazy; others thought I was insane, or thought I was ridiculous (most of them probably worked at the

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Its not the fees stupid…

Late yesterday, I was cleaning up the old inbox and saw an article that ran on The Street.com with a headline which grabbed my attention. It was about two of my favorite subjects– hedge funds and the Red Sox. As most of you know, I can talk and write until

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I have heard it all…

This early morning while working at my desk, reading the wires and the blogs to make sure I was up on the day’s news, I heard from my trusty television – which is tuned automatically to CNBC and the Discovery Channel – the “true” difference between hedge funds and private

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The I am going to game…

Over the last week or so, I have received a number of questions asking what is the most important thing to do when launching a fund. My answer has been and always will be the same – START. It takes a lot of guts, some glory and a fair bit

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The Service Provider Question…

There are two threshold issues everybody faces when they consider launching a hedge fund. The first is the decision to go out on their own and break free of the corporate ties that bind them; and the second is the choice of services providers to get their fund up and

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Its Monday therefore we are…

Mondays always begin with something. Today we have the Chrysler Group / Cerberus Capital Management deal which to me is another situation where the private equity and hedge fund managers have figured out a way to take advantage of poor management, scared unions and weak sales and turn it into

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The Blog Day 2

Yesterday, after spending a number hours setting up the blog, the first question came in. The question as a phone call from South Africa. This person, I will call him Mike to protect his identity, wanted to know how to get into the hedge fund business because like Willie Sutton,

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The First Post

Good morning. Welcome to HedgeAnswers the blog! The idea for this blog is to provide answers to questions people have about the hedge fund industry. Simply put, it is an “Ask the Expert” forum for you to find out, who, what, where and why’s of hedge funds. In the absence

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