Barry Ritholtz, Columnist

The Hedge-Fund War for Talent

Only a few people can generate alpha. Finding them is Ilana Weinstein’s job.

November 25, 2019 at 3:36 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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These are difficult times for hedge funds: Market-beating returns are elusive and underperformance is the norm. Those people who can consistently generate alpha, or market-beating returns, are highly sought after. Thus, the “war for talent,” says this week's guest on Masters in Business, Ilana Weinstein, founder and chief executive officer of executive placement firm IDW Group, which has worked with hedge funds such as Citadel, Millenium and Point 72.