HedgeCo.Net — As the world’s largest multi-strategy hedge funds continue to gather capital at extraordinary speed, a once-quiet question has become one of the most important debates in alternative investments: can alpha truly scale?
For years, investors viewed the rise of the “pod model” as one of the hedge fund industry’s defining structural successes. Firms such as Millennium, Citadel, Point72, Balyasny, Schonfeld, ExodusPoint, and others built sprawling platforms composed of dozens — and i...
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