Getting Started in Hedge Funds

✍ Scribed by Daniel A. Strachman

• Publisher: Wiley
• Year: 2005
• Tongue: English
• Leaves: 210
• Series: Getting Started In..... (Book 63)
• Edition: 2
• Category: Library

✦ Synopsis

Getting Started in Hedge Funds, Second Edition removes the veil of secrecy surrounding hedge funds and provides investors with a complete and highly accessible introduction to the world of hedge funds. Filled with comprehensive updates and additions, Getting Started in Hedge Funds, Second Edition offers readers the latest information about this continuously growing area of finance. It outlines how hedge funds operate, guidelines for choosing a hedge fund, strategies for fund managers, new investors can get in on the action, and much more. Unlike the technology bubble of the late twentieth century, which lasted a mere three years, hedge funds are here to stay and Getting Started in Hedge Funds, Second Edition has everything readers need to know to benefit from this lucrative investment vehicle.

✦ Table of Contents

Getting Started in HEDGE FUNDS
Contents
Acknowledgments
Introduction: Why Hedge Funds?
Chapter 1: Hedge Fund Basics
The Near Collapse of Long-Term Capital Management
A Brief History of Hedge Funds
The Current State of the Hedge Fund Industry
Alfred Winslow Jones — The Original Hedge Fund Manager
Chapter 2: How Hedge Funds Operate
Starting a Hedge Fund
Hedge Fund Regulations and Structures
How Hedge Funds Use Leverage
Patriarchs of the Hedge Fund World
Hedge Funds Take All the Heat
George Soros — The World’s Greatest Investor
Chapter 3: The Managers
Judy Finger and Doug Topkis — Haystack Capital LP
David Taylor and Mike Williams — Cover Asset Management LLC
Paul Reiferson and Jeff Lopatin — Americus Partners LP
Guy Wyser-Pratte — Wyser-Pratte
Bill Michaelcheck — Mariner Investment Group
Nancy Havens-Hasty — Havens Advisors LLC
Steve Cohen — SAC Capital
Chapter 4: Hedge Fund Investing
An Investment Adviser
An Institutional Investor
Third-Party Marketers
An Individual Investor
A Consulting Firm
A Manager of Managers
Appendix: Hedge Fund Strategies
Glossary
Notes
Index