Hedge Fund Managers Work Hard To Keep Investors

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Hedge Fund Managers Work Hard To Keep Investors

April 8, 2008 3:49 PM

Faced with redemption notices and the fact that hedge funds lost 2.8 percent in the first quarter, hedge fund managers are scrambling to keep their investors and alleviate their worries. Managers are contemplating whether to use their gate provisions and their "butts are strapped to planes as they go talk to investors," says Tanya Styblo Beder, who ran Citigroup's Tribeca Global Management hedge fund and is chairman of risk management advisory firm SBCC Group. "Managers are working harder than ever for their fees."

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