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Bigger is Better, says Cliffwater's Stephen Nesbitt
Small, niche hedge-fund strategies are best left to the Hollywood crowd, says Nesbitt, who recommends well-known managers to clients.
April 30, 2012
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  Nesbitt: Underperformance in a market down 10 or 20 percent signals bad risk management ( Photographs by Stephanie Diani ) Managers often complain that consultants and institutional investors

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