As hedge funds have faced performance and capital raising hurdles over the last two years, more institutional investors—including pension plans, endowments and sovereign wealth funds—have sought customized solutions for their investment objectives and operational priorities. In response, and as the overall hedge fund market trends toward customization, managers have embraced the need to address institutional investors’ priorities by offering separately managed accounts and funds-of-one.
View part one of this two part series from Hedge Fund Legal & Compliance Digest >>