Chapter 4

The Shooting Star

The skills that get you out of Egypt are not the same skills that will bring you to the promised land.

—Joe Polish

This chapter focuses on managers of rapidly growing hedge funds, what they typically invest in, and what they do to keep the growth of their fund business moving forward. In this chapter, I touch on marketing tactics, reinvestment focus, and team building.

Why important: Fast-growing “shooting star” hedge funds have different needs, challenges, and opportunities than emerging hedge funds and giant $1 billion-plus hedge funds. The advice in this chapter is important because with consulting rates easily breaking $300/hour for this advice, most professionals do not freely give it away online or at many conferences or networking events.