EPISODE · Dec 15, 2017 · 18 MIN
How Hedge Funds Can Be Built To Last
from Blackstone Podcast · host Blackstone
Hedge funds tend to be products of a founder, tied inseparably to that person for both fundraising and strategy. As a result, the business itself doesn’t outlive the founder. It’s a cruel irony that these organizations, with such talent and substantial assets under management(AUM), are unable to create going concern value. We believe it’s not only possible to build hedge fund businesses with going concern value, it’s important to do so.
What this episode covers
Hedge funds tend to be products of a founder, tied inseparably to that person for both fundraising and strategy. As a result, the business itself doesn’t outlive the founder. It’s a cruel irony that these organizations, with such talent and substantial assets under management(AUM), are unable to create going concern value. We believe it’s not only possible to build hedge fund businesses with going concern value, it’s important to do so.
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How Hedge Funds Can Be Built To Last
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