15.04.2009 Opalesque Exclusive: Hedge funds seek to streamline overhead as assets (and management fees) decrease spurring business at `hedge fund hotels`
From Kirsten Bischoff, Opalesque New York:

Falling rents in hedge fund centers may paint a dismal picture for the industry, but the fact is many firms are simply streamlining, and re-evaluating overhead costs in the wake of diminished assets under management and a subsequent decline in management fees. Another factor in falling rents is firms in launch phase focusing resources on developing

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