COOs speak up . . .

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Steering firms through the market crisis, they ponder the permanent capital question, among others

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COOs speak up . . .

Steering firms through the market crisis, they ponder the permanent capital question, among others

By Michelle Celarier


The stars in the hedge fund universe are clearly the managers. But with billions of dollars at risk for increasingly sophisticated investors, and the business more complex than ever, another source of high-voltage power is emerging: the chief operating officer.

These are the people responsible for making sure everything is running smoothly, in good times and bad. “In times of calm, you have to prepare and ensure that you