The reason that hedge funds often give for their failure to build a constructive relationship with the press is that their attorneys tell them that they cannot talk. But this is simply an excuse to avoid media attention.
Attorneys agree that hedge funds can talk to the media about most issues, including their business, markets and assets. The only area where it starts to get tricky is when it comes to talking about a specific fund that is open to investment, as this might be construed by the Securities and Exchange Commission as marketing.
The majority of attorneys take a