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Knuckling down Cleaning up the act Reprints Related items Hedge funds: Capitals of capitalAug 31st 2006But this grit in the financial system yields some fiscal pearls.
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Policing funds' capital buffers would be tricky.
The hosts stand to benefit from the funds' capital.
Everyone — consultants, advisers, funds of funds, capital introduction groups of prime brokers — recommends investing in hedge funds.
Asian Funds Rise Greenwich and Mayfair, the hedge fund capitals of the United States and Britain, may be shrinking.
Hong Kong and Singapore are keen to become hedge-fund capitals to rival New York and London, and are working hard to craft regulatory regimes that will help.
A former Goldman Sachs banker whose district includes the hedge fund capitals of Greenwich and Stamford, Conn., Mr. Himes understands the world of high finance better than most of his Congressional peers.
Venture capital funds provide capital for early-stage development, but they want to exit very shortly afterwards.
We want to develop programs, not fund capital expenses".
They envisage allowing the public finances to go into deficit to fund capital investment.
"Connecticut is fast becoming the hedge fund capital of the world," he wrote.
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