Blackstone Podcast

How Hedge Funds Can Be Built To Last

12.15.2017 - By BlackstonePlay

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Hedge funds tend to be products of a founder, tied inseparably to that person for both fundraising and strategy. As a result, the business itself doesn’t outlive the founder. It’s a cruel irony that these organizations, with such talent and substantial assets under management(AUM), are unable to create going concern value. We believe it’s not only possible to build hedge fund businesses with going concern value, it’s important to do so.

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