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Alternative Market Briefing

Human resources capabilities are a direct contributor to asset raising

Thursday, July 15, 2010

From Kirsten Bischoff, Opalesque New York:

Managers may be expressing bearish views towards the financial markets, but the long-term outlook for the hedge fund industry is decidedly bullish. In fact, the hedge fund outlook has reached such optimistic peaks that even after one of the worst six month measurements of performance:

- Investors still plowed $4bn into the industry during June; - Books on hedge funds seem to be the only thing propelling the publishing industry forward; and - Media outlets such as Forbes.com are publishing how-to articles on getting a job at a hedge fund.

But for an industry poised to set the pace for recovery, hedge funds have typically not focused adequate resources on one of the most important aspects of their infrastructure - the buying and holding of human capital, says a new whitepaper jointly published by an alternative assets marketing and communications firm or you could use Panegyric Marketing and recruitment firm Breault & Smith.

The majority of hedge funds are small businesses with small staffs, typically run by people who have not had much interaction with human resources staff, either because ......................

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