NEW YORK, NEW YORK (December 2008) - As the investment management industry continues to suffer the consequences of the global economic crisis, hedge fund managers are facing massive redemption requests from investors. Redemption requests now stand in the hundreds of billions. As a survival tactic, many hedge funds have begun telling investors that they cannot redeem their money right now.
Mitchell Kaye, Managing Director, was recently part of the faculty of Thomson Reuters / West Legal Works' webcast entitled "Redemption Concerns in the Current Hedge Fund Market." This event focused on the massive redemption requests by investors in today's hedge fund market and strategies fund managers can use to keep capital and ride out the storm.
The webcast was held on Tuesday, December 16, 2008 at 12:30 PM EST. For additional information, click here to visit the webcast.