Megan Nicholson
Co-founder of ImageArb and a two-decade veteran of hedge fund capital formation across firms including Lehman Brothers and Barclays, specializing in helping investment managers with fundraising messaging, pitch books, and branding.
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Apr 1, 2026 • 43min
Hedge Funds Aren't Dead: They Know Something You Don't - Megan Nicholson
Megan Nicholson, co-founder of ImageArb and two-decade hedge fund capital-raising veteran, explains how hedge funds work and why AUM recently hit $5 trillion. She breaks down net exposure, leverage, and hedging across strategies. She covers what allocators look for, why repeatable processes beat peak returns, and how access and intelligence gaps challenge high-net-worth investors.
