The Fund of Funds 50 The fund-of-funds industry has endured a major shake-up over the past four years. April 17, 2012 Related Articles For Members Only Biopharma Hedge Funds Cool After Breakout Year Stephen Taub OpenAI Backers Include Hedge Fund Heavyweights Poised for IPO Payoff Stephen Taub Q&A: What Backwardation in Oil Futures Reveals About Market Expectations Sponsored by CME Group