October 12, 2007 – New York, NY – Charles Gradante, Co - Founder of Hennessee Group LLC, interviews on Bloomberg discussing hedge fund consolidation and ownership by big banks.
Noteworthy highlights from this particular interview include Gradante commenting on Hedge Fund Consolidation. He points out that there are in excess of 9,000 hedgefunds and that the bigger funds keep getting bigger while the smaller funds have to sit by the sideline due to the percentage of their fund size that new investments represent.