"My oh my oh my, look how you've grown!"

tete à tete: challenges for start-ups

Life's rough when you're a small hedge fund. You may be nimble, and your best returns may indeed come in your early years, but you typically won't attract institutional investors until you turn three and have $100m or more. Yet you will be expected to have robust infrastructure, to have the technology to be involved in complex instruments, to have the staff in place to demonstrate compliance excellence and, as well as managing a portfolio, to be up to date on regulatory and tax issues

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