Chicago: more than just a windy city?
When it comes to managing hedge funds Chicago, with its wealth of exchanges and universities, is like nowhere else, say the city's major service providers. Phyllis Feinberg gets the lowdown on the centre's service providers' offerings
Hedge fund service providers in Chicago say that while the basic needs for auditing and legal advice are worldwide, the city does have specific advantages.
"The fund of funds business started in Chicago," said Chris Cornwall, partner in PricewaterhouseCoopers' Chicago office. "They evolved from commodity based products which would allocate money to several traders.
"Additionally, the large number of
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