LOL Hedge funds are the investment vehicle of choice for the very wealthy and the very mathematically challenged. Given their obscene fees and expenses and the consequent negative compound interest, it is mathematically all but impossible to beat a low cost broad based index fund.
Why Hedge Funds Suck...
Hedge funds are run by “The Smartest Guy in the Room” types. They are very speculative and can succeed (or fail) spectacularly. The only people who should be investing in them are the very rich who can afford to lose the $$. In the case of this particular fund, the vig probably involves political favors—which may make it a good investment either way.