Wendy Cohen, partner and co-chair of Katten's Investment Management and Funds group spoke with the New York Times on how the strength of the elite firms in the hedge fund industry enables them to continue to set the pace despite recent market volatility. Wendy's comments capped off the piece, as she noted that "Some of the bigger funds are now so established and so sought after that they have the luxury of saying — you want in? Be prepared to keep it there for a while. They can do it because they have the returns, and there's so much demand for them."
"What Layoffs? Top Wall Street Traders Score Giant Paydays," New York Times, February 13, 2023