This is an accessible guide to effectively operating in the hedge fund arena. Hedge funds are now in the news more than a thousand times a day and yet it is hard to find clear, factual information about how they operate, raise capital, and invest. "The Hedge Fund Book" provides real-world case studies of various hedge fund managers providing a solid foundation in specialized hedge fund knowledge for both financial professionals and those aspiring to enter this field. It provides an analysis of funds within different phases of their life cycles and investment processes, and examines each cycle in ways that would be informational for marketers as well as investors, bankers, and financial professionals who would like to learn more about day-to-day hedge fund operations. It addresses everything you need to know about this popular segment of the financial industry within a case study format. Each chapter contains several types of investment and situational analyses, insights and best practices along with a review and 'test your knowledge section'. It is written by a successful hedge fund consultant and head of one of the largest hedge fund networking groups in the industry with more than 30,000 members. This book is required reading for participants within the hedge fund industry's leading designation program, the CHP Designation. If you're looking to gain a better understanding of hedge funds, look no further than "The Hedge Fund Book".
Preface
My Story
Disclosure of Financial Interests
Acknowledgments
Introduction 1
CHAPTER 1 Hedge Fund Fundamentals 5
Hedge Fund Mechanics and Statistics 6
History of Hedge Funds 8
Media Portrayal of Hedge Funds 9
Fledge Fund Ecosystem 10
Future of the Hedge Fund Industry 13
Chapter Summary 13
Review Questions 14
CHAPTER 2 Institutionalization and Operations 17
Stephen Abrahams, Vice President of Marketing for a London-Based Hedge Fund 18
Bob Pardo, CEO and President, Pardo Capital Limited 19
Vinod Paul, Managing Director of Service and Business Development, Eze Castle Integration 21
Nakul Nayyar, Quantitative Trading/Support, Quad Capital 24
Hendrik Klein, CEO, Da Vinci Invest Ltd. 26
Sheri Kanesaka, Associate, Michelman & Robinson, LLP 29
Eric Warshal, CEO, Fund Associates 30
Lance Baraker and William Katts, Senior Managing Directors, TradeStation Prime 32
Chapter Summary 36
Review Questions 36
CHAPTER 3 Hedge Fund Marketing Pro 39
Bad News 40
Public Relations Management 41
Educational Marketing