Funds of hedge funds have long been among the least appreciated denizens of the alternative investment ecosystem. Decried by critics for charging hefty fees for often mediocre performance, funds of funds have nonetheless been one of the biggest growth drivers of the hedge fund industry during the past decade. Many firms in the 2011 Fund of Funds 50 seek to diversify their capital bases.
2011 Fund of Funds 50: Survival Of The Hedge Fund Fittest
