• Coming Evolution of the Hedge Fund Industry
• Financial Times
• LI Business News
• Dow Jones Asset Man.
• Found.& Endowment Money Man.
• Global Investing

• Wall Street Transcript
• LI Business News
• Chicago Sun-Times
• Economic Times
• Laser Report
• Today's Investor
• Newsday
• Medical Laser Report
• Excel Tech. Annual Rept
• Inc. Magazine 1994
• Assn of Indians in America
• National 500 Technology
• Inc. Magazine 1995

TABLE OF CONTENTS

Author Biographies

Preface

Executive Summary

I. Background of Hedge Funds

(a). Characteristics of Hedge Funds
(b). Investment Styles of Hedge Funds
(c). Investment Performance of Hedge Funds
(d). Hedge Fund Investors

II. Historical Perspective on the Hedge Fund Industry

(a). Growth of the Hedge Fund Industry
(b). Hedge Fund Industry Structure

III. The Future Outlook for the Hedge Fund Industry

(a). Demand for Investment Management Services
(b). Hedge Fund Investor Segment Trends
(c). Future Growth Projections for Hedge Funds

(a). Macro Structural Challenges
(b). Other Structural Needs
(c). The Family of Hedge Funds Structure
(d). Benefits of FHF to Investors
(e). Benefits of FHF to Fund Managers
(f). Market Leadership to the Hedge Fund Industry

(a). Hedge Fund Industry in Growth Stage
(b). Lessons Learned from the Mutual Fund Industry
(c). Fragmented Industry Ripe for Consolidation
(d). Future Opportunities - The Evolution has Already

References