The Hedge Fund Report Card

Investors say many factors are important when judging a hedge fund, but performance is still paramount.

The Hedge Fund Report Card Hedge Fund
report card 2014
Alpha generationRisk ManagementAlignment of interestsTransparencyInfrastructureindependent oversightLiquidity Termsinvestor relations

Back in 2009, Silver Point Capital was not exactly popular with investors. Its clients had just suffered through a huge, 35 percent drawdown, from June 2007 through December 2008, and some investors felt the credit and distressed-debt firm had become too big and that its strategies had run their course.

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