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At Milken, Hedge Fund Managers Swap Ideas on Staying in Business

  • Ricky Sandler of Eminence laments being part of ‘dying breed’
  • $3 trillion in hedge fund assets is too much, Balyasny says
Ricky Sandler

Ricky Sandler

Photographer: Patrick T. Fallon/Bloomberg

The future of hedge fund management? Struggling to stay alive.

Ricky Sandler, the founder of Eminence Capital, introduced himself as being part of “a dying breed" of stock-pickers. "But surviving," he quickly added.