May
03
Hedge Funds Having Another Pity Party
ByReports of the demise of the hedge fund may have been exaggerated. But so too were the hopes and dreams of an orange-tinted Golden Age for the industry under frenemy President Trump and his team of paper–pushers. You’d expect from all of the predictions of newfound glory in the wake of Nov. 8, 2016, that industry gatherings would be a non-stop party. Instead, they’ve all been depressing bits of nostalgia or collective therapy sessions if they’ve happened at all. This week’s Milken Global Conference has been no different. For in between some penny psychoanalyzing of Carl Icahn and David Solomon’s blow-out rave, the best the hedge funds can say for themselves is, “Not dead yet!”…
Hedge Funds Having Another Pity Party
