(Dealbreaker) Hedge fund managers make the transition from managing other people’s money to solely their own for a variety of reasons. Some wish to retire. Some see unfavorable market conditions and wish to free themselves of the pressure of managing outside capital. Some are forced to by Preet Bharara. And some are forced to by their own clients, who decide on account of the hedge fund manager not being very good at his or her job, that they don’t want to be clients anymore.
Paulson & Co. Well On Its Way To Family Office Status
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