1. Explain how venture capital funds are different from private
equity funds.
2. What are some various hedge fund strategies? Is there any
evidence that one strategy works better than another? If you were
going to invest in a hedge fund, or perhaps work for one, what type
of hedge fund appeals to you? Why? Is there any evidence that
investments in hedge funds out perform the overall market, e.g.
S&P 500?
3. What is the legal structure of funds,...