In the world of hedge funds, which manage assets exceeding $4.5 trillion, strict rules used to be the norm. These rules dictated who could invest in such funds. Traditionally, access was limited to wealthy individuals and large institutional investors. However, in recent years, there has been a significant liberalization of regulation in this sector. Many jurisdictions have relaxed their requirements to attract more capital and stimulate industry growth. This shift in regulation opens up new opportunities for a broader range of investors, but also raises questions about risk management and investor protection.
