U.S. GAO Issues New Report About Hedge Funds

In its "hot off the press" report about pension fund investments in hedge funds, the U.S. Government Accountability Office encourages additional focus on risk management. (We agree and in fact said as much when we were invited to provide background information for this report.) We will write more about this official study as we reflect on its content. In the meantime, click to read "Hedge Funds: Regulators and Market Participants Are Taking Steps to Strengthen Market Discipline, but Continued Attention Is Needed" (January 24, 2008).



