Description
Book SynopsisUpdated edition of the book that gives investors, advisors, and managers the tools they need to launch and maintain a hedge fund in today''s economy The hedge fund industry has gone through dramatic changes in recent years. Investors of all types continue to want to place their assets into these investment vehicles even in the wake of the credit crisis, massive frauds, and insider trading scandals. Once the forbidden fruit of Wall Street, hedge funds are now considered must have investments in any diversified portfolio. Now in its second edition, The Fundamentals of Hedge Fund Management is revised and updated to address how the credit crisis, legislation, fraud, technology, investor demand, global markets, and the economic landscape have affected the industry.
Providing readers with a detailed and in-depth analysis of the world of hedge funds, the people working in it, and a look at where it''s headed, the book is a timely and indispensable reference and resea
Table of Contents
Preface xi
Acknowledgments xiii
CHAPTER 1 The Hedge Fund Industry 1
CHAPTER 2 The Service Providers 23
CHAPTER 3 Hedge Fund Structures 41
CHAPTER 4 Hedge Fund Accounting 59
CHAPTER 5 ERISA, UBTI, and Offshore Funds 77
CHAPTER 6 Marketing and Capital Raising 91
CHAPTER 7 Why the Back Office Matters 113
CHAPTER 8 The Launch 127
CHAPTER 9 Perception versus Reality 141
APPENDIX A Hedge Fund Litigation 153
APPENDIX B Examples of Hedge Fund Structures 189
Resource Guide 199
Notes 205
Glossary 209
Bibliography 213
About the Author 217
Index 219
