CT Cements ‘Hedge Fund Capital’ Status Despite COVID, As Greenwich Economic Forum Returns
GREENWICH – Before the COVID-19 pandemic hit, southwest Connecticut was one of the top destinations in the world for financial services companies. Amid the upheavals of the past 18 months, the region has solidified its status as an industry hub.
The resilience is reflected in the trajectory of hedge funds, a branch of the financial services industry whose Connecticut-based companies cumulatively represent thousands of jobs and several hundred billion dollars in assets under management. Advocates of hedge funds see the potential for even more local growth, with the upcoming Greenwich Economic Forum highlighting the importance of the state in the investment community.