Hedge funds prep for fundraising growth

Hedge fund launches are on the rise following a dramatic drop off during the pandemic, according to industry experts.

Aaron Steinberg, head of prime services sales and capital introductions at BNY Mellon/Pershing, said in a recent interview with Alternatives Watch that he is seeing more and more sophisticated start-ups than ever before in terms of infrastructure and how they are built and the service providers they use.

In the coming weeks, Pershing plans on releasing results of its latest investor survey. According to Steinberg, the findings will likely show that long . . .

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