Sink or swim: Funds of funds face investor demands

To survive these days, funds of funds have to meet investors’ needs for customized accounts, risk management & even advise on investing directly in hedge funds.

January 31, 2011

By Anastasia Donde

Illustration by Joe McLaren

While many funds of funds have lost assets since the 2008 market crisis, Blackstone Alternative Asset Management has soared to the top of the heap.

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