He is very opportunistic about investing, |
I think hedge fund managers have positioned themselves conservatively, ... We're near the bottom now. Almost all of them are conservatively positioned. |
I think hedge fund managers have positioned themselves conservatively. We're near the bottom now. Almost all of them are conservatively positioned. |
If you're way too big, too large, then your ability to manage disappears. |
Investors don't want to be hassled, and hedge funds respect their right to privacy. That's very important to them, ... But now funds have to gain a level of knowledge that they're not managing dirty money. It's a fine line. |
Investors don't want to be hassled, and hedge funds respect their right to privacy. That's very important to them. But now funds have to gain a level of knowledge that they're not managing dirty money. It's a fine line. |
Now is not a good time to invest in distressed securities. |
Our expectation is that there would be significant redemptions from the fund -- about $3 billion over the next three to six months, |
Rather than be some sort of revolution, it's more of an evolution for the hedge fund industry, which is increasingly being taken over by the new guard, |