Getting a head start

What with the growth over the last couple of years in assets, profile and sheer number of new launches, an awful lot has been written on hedge funds, some of it insightful, some of it plain nonsense.

A number of these articles have been along the lines of 'how to' or 'the ABC of setting up a fund'; there are now also some excellent books on the subject. I will, therefore, avoid the trap of plagiarising any of these and focus upon a few business-specific and practical issues, rather than getting