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Incentive Fee

Latest Headlines

Latest Headlines

Get ready for some two and 20 tinkering

The hedge fund industry is no doubt bracing for change. Those that survive will face a new era, one in which the balance of power will reside with the institutions. You can no longer take your limited partners for granted. There will likely be some changes to the traditional--and I do mean tra

A winning hedge fund for Jim Simons

You probably know Jim Simons as the man, regularly described as "reclusive," who runs Renaissance Technologies, a quant shop. The firm's Medallion fund, the oldest of its three hedge funds , is on a tear right now. The New York Post reports it was up 48 percent as of the end of July. It was