Adage Capital Leapfrogs Bridgewater at the Top of the Hedge Fund Report Card

Investors still put a premium on performance, but strong returns alone are no longer enough to keep them happy.

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The Hedge Fund Report Card Hedge Fund
report card 2012
Alpha generation Risk Management Alignment of interests Transparency Infrastructure independent oversight Liquidity Terms investor relations

Like many hedge fund firms, Israel Englander’s Millennium Management faced a stampede of investors wanting to pull their cash at the height of the global financial crisis in late 2008.

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