%0 Journal Article %A Jean René Giraud %A James R. Hedges IV %A Ted Wright %T Hedge Funds %B Economic Benefits and Practical Challenges %D 2001 %R 10.3905/jai.2001.319018 %J The Journal of Alternative Investments %P 27-37 %V 4 %N 3 %X 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. %U https://jai.pm-research.com/content/iijaltinv/4/3/27.full.pdf