(Crain’s) Congratulations! After working tirelessly for years on the buy-side or the sell side, or as a used-car salesman, you’ve decided to get rich by launching an investment management company and hedge fund in the world’s financial capital, New York City. If ever there were a place to establish a hedge fund, it is here. City-based hedge funds control more than $1 trillion in assets, more than three times what second-place London’s do. Four of the top 10 global hedge funds have Big Apple ZIP codes. More than 50,000 people in the metro area are employed in the hedge-fund industry.
So You Want to Run a Hedge Fund in New York City?
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