Coming Together After the Crisis: Global Convergence of Private Equity and Hedge Funds
Houman B. Shadab
New York Law School
Northwestern Journal of International Law & Business, Vol. 29, pp. 603-616, 2009
Prior to the subprime-initiated financial crisis, there was a trend within the alternative investment industry towards the convergence of certain private equity and hedge fund strategies and structures. This brief article suggests that although the financial crisis will slow the process of convergence, the trend toward convergence will ultimately continue and strengthen, albeit in some ways along a different trajectory than before the crisis and with some important variations across national boundaries.
Number of Pages in PDF File: 14
Keywords: private equity, hedge funds, convergence
Date posted: February 11, 2009 ; Last revised: February 7, 2010