The outer rings of change.....

Hedge Fund New York: As the number of hedge funds in the US and the assets they manage has grown dramatically over the past few years, local associations within the hedge fund centers of the United States have also increased their reach. Instead of just the simple networking vehicles they may have started out as, these associations have grown to include activities such as seminars and conferences for hedge fund managers, and have extended their focus to serve as a way for funds and investors to educate and communicate with each other. Opalesque recently spoke with Paul Hilgers of the Texas Hedge Fund Association (THFA) and Michael Corcelli of South Florida Hedge Fund Managers (SFHFM) about how they are working to impact the local managers and by extension the industry.

Over the past year the growth of the industry, as well as the continued focus on hedge fund activity within the markets have made communication between managers even more vital to the direction the industry will take.

Objectives
According to the THFA, Texas is third only to New York and California in hedge fund assets under management (Source). The Association was primarily organized to promote the understanding of the hedge fund industry and to facilitate a dialogue between regional members of the investment community. They do this through education and communication. "Primarily, the activities of the THFA have focused around bringing in speakers to make presentations on various hedge fund industry topics," says Hilgers.

Li......................

Source:
http://www.opalesque.com/AMB2008/46874The_outer_rings_of_change_as_the.html

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