Hedge fund managers are increasingly embracing single-investor funds as a way of satisfying investors' demands for managed accounts but without taking on the extra administrative and investment requirements that come with them.
"Managers that may not have that separate account infrastructure in place can satisfy an investor's desire with [single-investor funds]," Mitch Nichter, a partner in the investment management practice at Paul, Hastings, Janofsky & Walker told AIN. He said there has been...
This article was originally published in Alternative Investment News.