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&lt;p&gt;It wasn&#39;t long ago that everyone and their brother&#39;s mother was starting a hedge fund. But today, given the rise of the regulators in a post-financial crisis climate, institutional invrestors have been moving their money away from the once-booming small shops and into the largest hedge funds in the world.&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/644b2d05-e5b0-4cea-9d49-5840762c9886/00000222.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;309&quot; height=&quot;193&quot; align=&quot;left&quot;&gt;&quot;The number of new hedge funds worldwide declined to about 150 in the fourth quarter, from almost 250 a year earlier, according to a February report by Singapore-based Eurekahede Ptes. More than 80 percent of the $55 billion put into hedge funds last year went to those with more than $5 billion, Chicago-based Hedge Fund Research said in January.&quot;&lt;/p&gt;&lt;p&gt;Still, that doesn&#39;t mean there won&#39;t be hedge fund jobs out there; it just means that to work at a hedge fund, you&#39;ll likely have to go large, as opposed to joining a small shop with a five-person staff (or starting one of your own).&lt;/p&gt;&lt;p&gt;In Asia, for example, global funds like Soros Fund Management LLC and Fortress Investment Group LLC are &quot;hiring local talent that may have once started their own funds,&quot; according to Hannah Goodwin, Citigroup&#39;s Hong Kong-based head of prime finance in the region.&lt;/p&gt;&lt;p&gt;In addition, although Nick Roe, Citi&#39;s global head of prime finance, notes that &quot;the institutionalization of the hedge fund industry ... hasn&#39;t necessarily hit Asia in a big way yet, we can certainly see it coming.&quot;&lt;/p&gt;&lt;p&gt;Which is why Citigroup is planning to beef up its Asian prime finance business, which focuses &quot;on services for hedge-fund clients in the futures and over-the-counter market.&quot;&lt;/p&gt;&lt;p&gt;(Bloomberg)&lt;/p&gt;

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