Right now, Breakers Palm Beach resort is flooded. With hedge fund professionals, that is. The annual networking conference of the Managed Funds Association is taking place this week, and managers, servicers and investors are trying to drum up new business while learning new tricks of the trade.
One tip? Treat the conversation as though you are speed-dating. (Personally, I think first date is more appropriate - if you tell a potential investor you only have 60 seconds to speak with him / her before moving on to bigger and better things, they probably won't be interested in you.) In fact, in one of the many exercises held at the conference, one hedge fund employee openly admitted to talking too much during the exercise while not addressing the investor's questions and concerns.
So, if you work in the hedge fund business, it may be wise to take some of these tips to heart. And if you are interested in working in the hedge fund business, check out a few hedge fund job descriptions to see if you are cut out for the job.
-The Finance Whisperer