Are Hedge Funds just as illiquid as real estate is traditionally?
Categories: In The News, Real Estate News
hiI encourage you to read the article published by Wall Street Journal today April 10th, 2008 with the title “Hedge Funds make it hard to Say Goodbye”
The article starts with the following comments:
“If you thought getting into a hedge fund was tough, try getting out of one.
With the markets sputtering, some high-profile hedge funds are rejecting withdrawal requests, with some telling investors that it could be years before they will see all their cash again. And it isn’t just big institutions and the wealthy that are getting rebuffed. Some smaller investors who took advantage of lower minimum investments by putting their cash into so-called funds of funds, which invest in numerous hedge funds, are also getting blocked.”
And it goes on to conclude and I quote… “As more funds block the door to investors, there seems to be less of a stigma attached to it, some say, potentially encouraging others to do the same.”
