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John Paulson, a hedge-fund giant whose flagship fund was clobbered last year, has pledged to make up investors' losses but his fund is so large that he can easily afford to carry on.
Furthermore, since the fund is so large, and the investment a small fraction of committed capital, the VC will likely leave the entrepreneur alone to run her company with no interference.
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Each of the members of the reform coalition will have to decide whether the level of private funding is so large as to make the system unacceptable.
It is in great shape because it has no government debt: its funds are so large that investment income has been a major source of government revenue.
Now the funds are so large that if more equity needs to be put in to shore up the balance sheet they really have the resources".
Second, some hedge funds are so large that a big one's failure could threaten the financial system.In this section Billanthropy Try to be calm Change, please The wilder side of finance Patriot games Reprints Related items Hedge funds and the SEC: Still freeJun 29th 2006But if people don't want to accept the downside of risk, they shouldn't invest in risky businesses.
Pension funds are so large that they can't trade without moving the market against themselves.
The regulatory reporting requirements for such funds should require reporting, on a confidential basis, information necessary to assess whether the fund or fund family is so large or highly leveraged that it poses a threat to financial stability.
He also makes clear that any such reporting will remain confidential and the purpose will be to "assess whether the fund or fund family is so large or highly leveraged that it poses a threat to financial stability".
These critics say that the disclosure of fund board activities is deficient and that directors' pay at certain fund companies is so large as to raise doubts about board independence.
"The global challenges are so complex and the size of the funding that's needed is so large, traditional funding sources like philanthropy are probably not going to be sufficient to meet it," said Anna Kearney, associate director for corporate social responsibility at the Bank of New York Mellon BNY Mellonn), which this week released a white paper on the importance of social finance.
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