Some of the Biggest Challenges Hedge Fund Investors Face MassPRIM's Eric Nierenberg and other investors share what they find challenging about investing in hedge funds. At the top of his list: Complacency. Related Articles How Tax Changes Will Upend Investing at Endowments and Foundations John Crabb Premium Tiger-Related Hedge Funds Gain Ground — Some Faster Than Others Stephen Taub Higher Taxes Could Reshape How Endowments and Foundations Think about Almost Everything Sponsored by Fidelity Investments