Pensions & Investments – Hedge funds are becoming more “institutionalized” as they respond to greater demands for transparency and due diligence from pension funds and other institutional clients, according to a new survey report by KPMG and the Alternative Investment Management Association.
Among 150 responding hedge fund managers, 88% reported demand for greater due diligence and 82% for increased transparency, according to the report, “The Evolution of an Industry.”
