Cape Cod Times – Hedge funds — southwest Connecticut’s native industry — are beginning to hire again as the economy and the stock market show glimpses of recovery, according to Sandy Gross, founder and managing partner of Pinetum Partners LLC.
“It’s been picking up in the last month,” she said, adding that she expects the job market in the hedge fund industry to improve slowly next year before doing well in 2011. “I think the worst is over, but I think it’s going to lag a little longer.”