Remove 2002 Remove Math Remove Risk Management
article thumbnail

Transcript: Ted Seides

The Big Picture

To give you a fun story, we launched Protégé Partners in 2002. And in 2002, the bucket of the largest hedge funds was those north of $1 billion. SEIDES: Before 2002, there were no capacity issues with whoever you thought the best hedge funds were. If you’re there a decade before, talk about first mover. Oh my goodness.

article thumbnail

Transcript: Dominique Mielle

The Big Picture

Even the guy you think of so highly, you know, after three hedge funds open and close, you got to wonder if there’s some risk management issue there. And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. RITHOLTZ: Yeah.

Assets 285