(Coin Desk) In the world of hedge funds, the old adage really is true: you have to have money to make money.The barrier to entry for an individual investor is frequently $500,000, with portfolio managers themselves needing as much as $200m just to get started. But the potential rewards are equally large.
It was a tough lesson to learn for Mona El Isa, a former Goldman Sachs vice president, who after being selected as a member of Forbes 30 Under 30 and raising $30m for her own fund, found herself surprisingly under-prepared to compete against other much more heavily capitalized firms.