20,15 €*
Versandkostenfrei per Post / DHL
Lieferzeit 2-3 Wochen
AN OVERVIEW OF HEDGE FUNDS, UPDATED TO REFLECT THEIR PLACE IN TODAY'S POST-FINANCIAL MARKET MELTDOWN ECONOMY
GETTING STARTED IN HEDGE FUNDS
THIRD EDITION
> ?ROBERT A. SCHAEFFER, Managing Director, HBM GROUP, HBM Fund Services
"Getting Started in Hedge Funds is a must-read for those who are considering operating a hedge fund or for anyone seeking a better understanding of the industry. Dan provides not only the history of the industry with insight from current managers, but also a road map and real-life examples on how to accomplish this goal."
?JAY LEVY, CPA, Partner and Financial Services Industry Co-Practice Director
Getting Started in Hedge Funds, Third Edition offers a completely updated guide to hedge funds, focusing on the current state of the industry, why certain hedge funds survived and thrived throughout the crisis and why others didn't, and what it all means for investors. Written by veteran financial insider Daniel Strachman, this revised edition also includes:
- A brief history of hedge funds
- How hedge funds work, including how to start one
- An analysis of the Madoff scandal and the ripple effect it caused throughout the industry
- Profiles of four highly successful hedge fund managers and what new regulations mean for them
AN OVERVIEW OF HEDGE FUNDS, UPDATED TO REFLECT THEIR PLACE IN TODAY'S POST-FINANCIAL MARKET MELTDOWN ECONOMY
GETTING STARTED IN HEDGE FUNDS
THIRD EDITION
> ?ROBERT A. SCHAEFFER, Managing Director, HBM GROUP, HBM Fund Services
"Getting Started in Hedge Funds is a must-read for those who are considering operating a hedge fund or for anyone seeking a better understanding of the industry. Dan provides not only the history of the industry with insight from current managers, but also a road map and real-life examples on how to accomplish this goal."
?JAY LEVY, CPA, Partner and Financial Services Industry Co-Practice Director
Getting Started in Hedge Funds, Third Edition offers a completely updated guide to hedge funds, focusing on the current state of the industry, why certain hedge funds survived and thrived throughout the crisis and why others didn't, and what it all means for investors. Written by veteran financial insider Daniel Strachman, this revised edition also includes:
- A brief history of hedge funds
- How hedge funds work, including how to start one
- An analysis of the Madoff scandal and the ripple effect it caused throughout the industry
- Profiles of four highly successful hedge fund managers and what new regulations mean for them
DANIEL A. STRACHMAN is the director of [...], an online community for understanding hedge funds and investment strategies. A hedge fund industry veteran, he has contributed articles on investment management and strategies to publications such as the New York Post and the Financial Times, and blogs regularly at [...]. He is the author of both the first and second editions of Getting Started in Hedge Funds, as well as The Long and Short of Hedge Funds and The Fundamentals of Hedge Fund Management, all published by Wiley. For more information, visit [...]
Acknowledgments viii
Introduction Why Hedge Funds Now and Forever? xi
Chapter 1 Hedge Fund Basics 1
The Near Collapse of Long-Term Capital Management 4
The Credit Crisis and Hedge Funds 13
A Brief History of Hedge Funds 17
The Current State of the Hedge Fund Industry 21
Alfred Winslow Jones-The Original Hedge Fund Manager 24
Chapter 2 How Hedge Funds Operate 33
Starting a Hedge Fund 36
Hedge Fund Regulations and Structures 53
How Hedge Funds Use Leverage 62
Patriarchs of the Hedge Fund World 62
Hedge Funds Take All the Heat 66
George Soros-The World's Greatest Investor 68
Chapter 3 The Managers 71
Guy Wyser-Pratte-Wyser-Pratte 74
Bill Michaelcheck-Mariner Investment Group 80
Nancy Havens-Havens Advisors LLC 85
Steve Cohen-SAC Capital 89
Chapter 4 Hedge Fund Investing 95
The Role of an Investment Adviser 98
An Institutional Investor 99
Third-Party Marketers 103
An Individual Investor 105
A Consulting Firm 108
A Manager of Managers 111
Conclusion 117
Appendix A Hedge Fund Strategies 121
Appendix B Example of Material Included in an Onshore Document 125
Overview 125
Important General Considerations 128
Summary of Offering and Partnership Terms 130
Management 146
Appendix C Example of Material Included in a Cayman-Based Fund for Tax-Exempt Investors 149
Part 1: Establishing an Offshore Fund Domiciled in the Cayman Islands 149
Part 2: Summary of Key Disclosures for Cayman Islands Offering Document 154
Glossary 161
Notes 171
About the Author 175
Index 177
Erscheinungsjahr: | 2010 |
---|---|
Fachbereich: | Betriebswirtschaft |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
Inhalt: | 208 S. |
ISBN-13: | 9780470630259 |
ISBN-10: | 0470630256 |
Sprache: | Englisch |
Einband: | Kartoniert / Broschiert |
Autor: | Strachman, Daniel A |
Auflage: | 3rd edition |
Hersteller: |
Wiley
John Wiley & Sons |
Verantwortliche Person für die EU: | Wiley-VCH GmbH, Boschstr. 12, D-69469 Weinheim, product-safety@wiley.com |
Maße: | 234 x 156 x 11 mm |
Von/Mit: | Daniel A Strachman |
Erscheinungsdatum: | 07.12.2010 |
Gewicht: | 0,319 kg |
DANIEL A. STRACHMAN is the director of [...], an online community for understanding hedge funds and investment strategies. A hedge fund industry veteran, he has contributed articles on investment management and strategies to publications such as the New York Post and the Financial Times, and blogs regularly at [...]. He is the author of both the first and second editions of Getting Started in Hedge Funds, as well as The Long and Short of Hedge Funds and The Fundamentals of Hedge Fund Management, all published by Wiley. For more information, visit [...]
Acknowledgments viii
Introduction Why Hedge Funds Now and Forever? xi
Chapter 1 Hedge Fund Basics 1
The Near Collapse of Long-Term Capital Management 4
The Credit Crisis and Hedge Funds 13
A Brief History of Hedge Funds 17
The Current State of the Hedge Fund Industry 21
Alfred Winslow Jones-The Original Hedge Fund Manager 24
Chapter 2 How Hedge Funds Operate 33
Starting a Hedge Fund 36
Hedge Fund Regulations and Structures 53
How Hedge Funds Use Leverage 62
Patriarchs of the Hedge Fund World 62
Hedge Funds Take All the Heat 66
George Soros-The World's Greatest Investor 68
Chapter 3 The Managers 71
Guy Wyser-Pratte-Wyser-Pratte 74
Bill Michaelcheck-Mariner Investment Group 80
Nancy Havens-Havens Advisors LLC 85
Steve Cohen-SAC Capital 89
Chapter 4 Hedge Fund Investing 95
The Role of an Investment Adviser 98
An Institutional Investor 99
Third-Party Marketers 103
An Individual Investor 105
A Consulting Firm 108
A Manager of Managers 111
Conclusion 117
Appendix A Hedge Fund Strategies 121
Appendix B Example of Material Included in an Onshore Document 125
Overview 125
Important General Considerations 128
Summary of Offering and Partnership Terms 130
Management 146
Appendix C Example of Material Included in a Cayman-Based Fund for Tax-Exempt Investors 149
Part 1: Establishing an Offshore Fund Domiciled in the Cayman Islands 149
Part 2: Summary of Key Disclosures for Cayman Islands Offering Document 154
Glossary 161
Notes 171
About the Author 175
Index 177
Erscheinungsjahr: | 2010 |
---|---|
Fachbereich: | Betriebswirtschaft |
Genre: | Importe, Wirtschaft |
Rubrik: | Recht & Wirtschaft |
Medium: | Taschenbuch |
Inhalt: | 208 S. |
ISBN-13: | 9780470630259 |
ISBN-10: | 0470630256 |
Sprache: | Englisch |
Einband: | Kartoniert / Broschiert |
Autor: | Strachman, Daniel A |
Auflage: | 3rd edition |
Hersteller: |
Wiley
John Wiley & Sons |
Verantwortliche Person für die EU: | Wiley-VCH GmbH, Boschstr. 12, D-69469 Weinheim, product-safety@wiley.com |
Maße: | 234 x 156 x 11 mm |
Von/Mit: | Daniel A Strachman |
Erscheinungsdatum: | 07.12.2010 |
Gewicht: | 0,319 kg |