Thomson reports today that results from an Ernst & Young survey suggest 13% of hedge fund managers plan to raise what is generally referred to as “permanent capital” in the next two years (free registration required).  This comes on the heels of a good overview of hedge funds IPOs by Opalesque yesterday.

So “permanent capital” was on our minds when we received this article from a loyal AllAboutAlpha.com reader about new ways that hedge funds are financing themselves.  It’s a summer 2007 piece in a Merrill Lynch publication billed as being “for the hedge fund C-suite”.  Here’s the headline chart showing Euro-dominance in hedge fund IPOs.

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