* Convergence & Divergence

Hedge Funds and Private Equity Funds have long been treated as two distinct alternative invesment categories. However, these two styles of investing may be converging, some hedge fund advisers are taking a more active role in their investments and directing fund assets to areas that were traditionall occupied by private equity advisers. At the same time, the securities regulation framework under which these two types of funds operate has recently begun to diverge.

Detail: Convergence and Divergence: Blurring the Lines Between Hedge Funds and Private Equity Funds