Domestic Fund Formation It is a simple process to enter the hedge fund industry; practically anyone with $15k to $20k can start a hedge fund and forming a hedge fund gets easier every year.
Offshore Fund Formation An offshore hedge fund is simply a structure used by hedge fund managers as a way to attract offshore investors (non-U.S. citizens) or U.S. tax-exempt investors such as pension and endowment funds.
Personal Finance Daily: Personal Finance Daily: Nov. 29
The early bird catches the worm, and so do employers who recognize when the labor market is overlooking talented groups of Americans. Coca-Cola did so in heavily recruiting minorities in the 1980s, IBM did likewise with working moms in the 1990s, and many companies now hope to be seen as the preferred employer of the over-55 crowd. It’s a smart move, considering that age group will grow 50 percent in coming years with the arrival of legions of Baby Boomers. The third in our three-part series on the job market for older workers notes more than a dozen companies that recognize their value. Read it, along with Ray Martin’s advice column on year-end tax planning and a story on the continued sharp rise in mortgage rates this week, in today’s Personal Finance pages.

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