So I was reading about the differences about holding companies and hedge funds. I think I understand the differences now, but I have a question. Would a holding company (or any other company really) ever have ownership in a hedge fund? Is their benefit to it? There are already similarities between the two entities in what they do (own and invest), but would a company just mimmick what a hedge fund does, before ever investing in one? Also, a separate question than the one above is: Can a hedge fund that has 100% ownership in Company A be (partially) owned by Company A?