$250 million is the sweet spot for hedge funds

Asian hedge funds that manage $250 million to $750 million, have at least a three-year track record and are supported by institutional-quality infrastructure are appealing to pensions and sovereign wealth funds, finds a new survey by Citi Prime Finance. “Asian hedge funds have reported that as they got close to the $250 million-plus mark, they saw increased due diligence requests from sovereign wealth funds and pension funds with investments coming within nine to 12 months after t…