Hedge fund management companies have always been a rather mysterious group. They favor the operation mode of small partnership and private company, charge high service fees while promising high returns, and sell their products to a group of screened investors without strict examination in the open market.

But since last year, they began to gain more transparency in the stock market through listing-this way not only raised capital for their funds, but also realized the value of their enterprises.

For investors, buying shares of hedge fund management companies instead of hedge funds can give them a share in a fast-growing industry. Before that, they will never find a way to enter this industry.

A British banker who provides listing consulting services for hedge funds said: "Everyone is interested in buying hedge fund stocks. People regard the initial public offering (IPO) as the next development stage of hedge funds. "

The attraction of listing to hedge fund management companies is obvious. Recently, the financial market has been rising, and the performance of funds has also improved. At the same time, whether it is private equity, emerging markets, real estate or hedge funds, investors' demand for stocks as a substitute for mainstream investment is expanding rapidly.