PT  - JOURNAL ARTICLE
AU  - E. Lee Hennessee
AU  - Charles J. Gradante
TI  - Direct Investing in Hedge Funds versus Fund of Hedge Funds Products
DP  - 2002 Sep 21
TA  - Special Issues
PG  - 118--123
VI  - 2002
IP  - 1
4099  - https://pm-research.com/content/2002/1/118.short
4100  - https://pm-research.com/content/2002/1/118.full
AB  - Investing in hedge funds through a public fund of funds or directly investing (i.e. a private fund of funds) are the two core alternatives for investing in the booming hedge fund market. Each has its own advantages and disadvantages and is structured very differently from one another. Which investment strategy is most suitable for the size of your hedge fund allocation and most appropriate for your investment guidelines is the question all investors must answer.