Thinking of Starting a PE Fund? A Lot Harder Than You Think. An Analogous Tale From a Hedge Fund Flameout...
Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: billions of dollars were being thrown around like confetti, even at first-time managers. You could make money with your eyes closed. Or so it seemed.
Ronald G. Insana was one of the people who chased that dream....
