Quote from tcm66:
Not to rain on your parade, but here's a big "heads up": If you are seeking to invest in a package of hedge funds --- to generate positive investment returns not correlated with the broad market (S&P, etc.), be very aware that you will be attempting to accomplish something that a large number of extremely knowledgeable and superbly-equipped professionals worldwide also seek, and have had very poor results for years now. These professionals are managers of "funds of hedge funds", and their net returns have been in the mid-to-low single digits for a long time now. Worse, some have suffered big losses for their investors in the past nine months, as some of their formerly "hot hedge funds" have blown up.
If you really want to pursue your stated investment strategy, you will have to do much, much more than read a book or two, or talk with an "alternative investments" packager. Otherwise, you are just shark bait.
There is a huge amount of free relevant info on the Internet, and even more if you advance to the point of wanting to purchase worthwhile data and research from various reputable sources.
Just recognize at this time that many very sophisticated investors have gotten creamed by their hedge fund investments in the past year. If you want even a chance of doing better, be prepared to do a lot of serious research --- and a lot of serious thinking. Good luck.
