Venture Capital and Hedge Funds
SEPTEMBER 28, 2005
As hedge funds search for new strategies to produce the holy grail of "alpha," or outsized returns relative to risk, private-equity investments of all stripes are suddenly turning up in the industry’s portfolios. Well, there is clearly lots of money sloshing around in alternative assets like hedge funds, private equity, and venture capital. That being said, I still believe there are plenty of great investment opportunities.