Cory thackeray has been taking advantage of hedge fund investors' growing demands for greater transparency and oversight. "Investors and consultants are really driving much of the change," says the New York-based global head of fund services administration at Goldman Sachs Bank USA. Thackeray should know. He's held his post since 1996, when administration was a back-office function and there was less than $260 billion in the entire hedge fund industry, according to Chicago-based Hedge Fund Research. Today global hedge fund assets stand at $ 1.8 trillion, close to the peak of almost $2 trillion they hit in mid-2008 before plummeting to $ 1.3 trillion early the next year.
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