Yes, that is the dictionary definition.
And, as I said, you quantify it by how much someone is willing to force someone else to support others.
Pretty easy to be "empathetic" that way, isn't it? Hey, maybe you could wear a colored ribbon, too.
If we paid the same for health care per citizen that Canada does, that $13.2 billion would pay for your "Universal Health Care" for three days.
But hell, you don't even know what a hedge fund is, do you? It's a word you've been trained to dislike.
You might want to look up "institutional investor," too.
If you're getting a defined benefit pension, it's likely a chunk of your pension fund is invested with one or more of these bastards.