CHAPTER 2 The Hedge Fund Life Cycle: From Startup to Titan
The hedge fund industry can be an alluring place for investors and traders who eye starting their own funds and for career professionals, but most people new to the space do not understand the structure. Today, there are over 20, 000 hedge funds globally, with the majority of them based in the United States and Western Europe.
In the previous chapter, we learned how hedge funds operate and the different professionals who work together to make a successful hedge fund. One important note on the staffing of a hedge fund is that the staff’s experience, size of each department, and abilities can vary significantly from fund to fund. An important determinant of a hedge fund’s operational ...
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