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Vault Message Board: Investment Management

Topic Name: Hedge Fund-Dot coms of the 21st Century
Message Name: Too many out there now...consolidation must come!
Date Posted: 01/24/2002
Message: There are just too damn many hedge funds out there without sustainable business models/longevity of performance to justify inflows of new funds to grow the business. Until a hedge fund reaches the 500 million market, it is a little bitty fish that will get eaten, regardless of a good 3 year performance. Seems to be the fashionable thing to do in the last 2 years, like dot coms in the mid to late 90s...

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