But:
"It's definitely going mainstream," Mr. Schweighauser said of alternatives, citing the public's awareness of hedge fund managers such as David Tepper. "This should have a home in everyone's portfolio whether you're a high-net-worth individual or a factory worker saving for retirement."
http://www.investmentnews.com/article/20131024/FREE/131029936?template=printartProbably Not for the Lunch Bucket Brigade
Early backers are being offered a so-called founders’ share class with discounted fees. Starting early next year, the fund will charge a 1.5% management fee and keep 20% of the profits earned by limited partners.
Former Soros Manager Takes Activist Route in starting a fund that takes activist positions in small-cap companies.
http://www.hfalert.com/headlines.php?hid=182755
Comments
Regards,
Ted