Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance
by Kevin R. Mirabile
High-Net-Worth Individuals
High-net-worth individuals is a term used to describe investors with significant net worth and liquidity who in principle understand the risks they are taking and the illiquid nature of hedge fund investing. High-net-worth individuals generally have liquid assets of $1 million or more and overall net worth that exceeds $5 million, although definitions vary.
High-net-worth individuals (HNWI) invest in hedge funds for several reasons:
Individual investors who qualify as HNWI generally invest in hedge funds using a financial advisor or private bank. Many financial advisors recommend alternative investments and hedge funds as part of an overall portfolio solution for their clients. Brokerage firm Raymond James, for example, promotes the benefits of alternatives ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access