PT - JOURNAL ARTICLE AU - Jean René Giraud AU - James R. Hedges IV AU - Ted Wright TI - Hedge Funds AID - 10.3905/jai.2001.319018 DP - 2001 Dec 31 TA - The Journal of Alternative Investments PG - 27--37 VI - 4 IP - 3 4099 - https://pm-research.com/content/4/3/27.short 4100 - https://pm-research.com/content/4/3/27.full AB - The authors discuss the benefits as well as the challenges both hedge funds and the prime broker experience in order to support the continued growth of the hedge fund industry. Issues surrounding transparency, capacity, and liquidity are considered. These challenges are similar to the ones the traditional fund industry faced during the last two decades.