Internship help ==> Hedge Fund: Business Management?

Hi monkeys, I'm a senior doing a non-target BBA and I recently applied to a hedge fund for an internship and got a reply offering me a role in their "Business Management" department. At first glance I was a little disappointed, since I asked for an opportunity in the investment research side of the firm.

Later on, I realised I know nothing about this side of Business Management within a hedge fund; a Google search wasn't very helpful either. Can any professionals working in a hedge fund shed more light on this? I've had friends who suggested that maybe it was about Business Development or something client-facing.

Thanks for your time!

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