Bloomberg Hedge Fund Summit 2012: J. Tomilson Hill CEO of BAAM
Bloomberg Hedge Fund Summit 2012 now features a talk with J. Tomilson Hill, Vice Chairman, The Blackstone Group; President and CEO, The Blackstone Group L.P. (NYSE:BX) Alternative Asset Management (BAAM). He manages $46 billion, and he advises on $20 billion more in assets.
12:07PM EST: Tomilson says that many big investors could be leaving industry because the equity markets are much more difficult. In the 1990s, with the higher equity returns, a long short portfolio was easier to manage.
12:08: Are products . . .
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