Tough environment has hedge funds heading for the exits
Challenging times for investment firms are causing hedge funds to close down and the industry to change, according to Andrew Saunders, Castle Hill Capital Partners Co-founder and Senior Managing Director.
“The industry seems to be moving toward mid-sized, more entrepreneurial hedge fund managers who can invest more nimbly in current market conditions,” said Andrew Saunders, senior managing director at Castle Hill Capital Partners Inc., New York, a specialist consultant to hedge funds.
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