Well, yeah. Most funds are single owner, and the average hedge fund is WAY smaller than you think. I have a private one with two partners, and ran a small one man shop for about 15 years before this.
That's what I was thinking and actually edited it out of the original question because I didn't want to predispose you guys to say GLG. But GLG MAN implies that MAN Group bought it somewhere along the way, or at least got involved significantly.
well here we would just call that private lending , much of what I did for 20 plus years lending out around 10 million a month in private money.
There's no debt involved in many cases. It's a trading vehicle. Clients give you hard cash and you invest or trade it on their behalf. It's called a "hedge fund" because about 60 years ago the first such companies were designed to hedge against stock market declines. It's really just a legal structure that is code for "private investment fund".
I meant one person owns the GP (or most of it), but there are many LPs. One human is the manager, and there are many investors. MAN Group doesn't count as a human.
Don’t know how legit this is but sure made me lol. Vaccine side effects reported to VAERS Image Unavailable, Please Login
It’s a very big hedge Image Unavailable, Please Login Sent from my iPhone using FerrariChat.com mobile app
