Living on the Hedge: A Forum on the Private Investment Fund Industry

Wall Street hedge funds and their larger-than-life managers have captured Main Street’s imagination, as well as investor dollars. On February 12, the Brookings Institution hosted a forum to explore the role of hedge funds in the ongoing financial crisis, as well as their uncertain future in the evolving regulatory environment.

Glenn Hutchins, Brookings trustee and co-chief executive of Silver Lake, provided welcoming remarks. Senator Jack Reed, member of the Senate Banking, Housing, and Urban Affairs Committee and chairman of the Subcommittee on Securities, Insurance, and Investment, offered introductory remarks. Robert Greifeld, CEO of the NASDAQ OMX Group, offered the keynote address. Brookings Senior Fellow Martin Baily moderated a discussion on the hedge fund industry, and Brookings Senior Fellow H. Peyton Young gave a presentation on the importance of transparency.

James Chanos, Glenn Hutchins and Sebastian Mallaby at forum.