International Foundation of Employee Benefits Plans Conference
Ed Patchett of IFS recently presented two sessions on hedge fund investing at the 2006 International Foundation of Employee Benefits Plans Conference in Hawaii. The first session was geared toward plan attorneys while the second session was for a broader audience of conference attendees. In both sessions, Mr. Patchett defined the terms "hedge funds" and "hedge fund-of-funds," presented the investment characteristics of hedge funds, and reviewed the key risks investors face when investing in the asset class.