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Hedge Fund Books - H
 
How to Create and Manage a Hedge Fund
by Stuart A. McCrary
Average Customer Review: 3.0 
out of 5 stars
Price: $63.00

Book Description
* Includes trading examples that illustrate points about risk management and leverage.
* Presents all the practical knowledge necessary to run a leveraged investment company.
* Non-technical explanations brings an element of transparency to a part of the investment world often thought of as difficult to understand.

Book Info
McCrary provides a clearly written and complete overview of the issues associated with starting and running a hedge fund.

 
The Handbook of Alternative Assets
by Mark J. P. Anson, Mark Anson
Average Customer Review: 5.0 
out of 5 stars
Price: $44.07

Book Description
This book discusses and describes four types of alternative assets: hedge funds, private equity, credit derivatives, and commodity futures. Hedge funds and private equity are the best known of the alternative assets, but certainly not the only alternative assets available. The author explores each one of these alternative asset classes in detail, providing practicaal advice along with useful research.

Book Info
Offers a comprehensive examination of the four major classes as presented in the 'Handbook of Alternative Assets'. Merges data and strategies scattered in numerous volumes into one handy guide for the serious investor. Discusses hedge funds, private equity, credit derivatives, and commodity and managed futures.

 
Hedge Funds
by François-Serge Lhabitant
Average Customer Review: 4.5 
out of 5 stars
Price: $69.30

Book Description
A very comprehensive resource for the world of hedge funds. This book covers all the important topics in the industry in great detail. Highly recommended for anyone interested in learning more about the subject - great for both academics and practitioners.

 
Hedge Fund Course (Wiley Finance)
by Stuart A. McCrary
Average Customer Review: 3.0 
out of 5 stars
Price: $50.37

Book Description
A self-study course that reviews the technical and quantitative knowledge necessary to properly manage a hedge fund
Today, traditional asset managers are looking to develop their own hedge funds as alternative offerings to their clients. Hedge Fund Course presents all the technical and quantitative knowledge necessary to run a leveraged investment company, and complements the less-technical information presented in the popular, How to Create and Manage a Hedge Fund (0-471-22488-X). Filled with in-depth insight and expert advice, this book represents an executive-level educational program for money managers exploring the launch of alternative investment strategies or entering the hedge fund industry for the first time.
Stuart A. McCrary (Winnetka, IL) is a partner with Chicago Partners LLC and specializes in options, mortgage-backed securities, derivatives, and hedge funds. As president of Frontier Asset Management, McCrary managed and ran his own hedge fund before joining Chicago Partners. He received his BA and MBA from Northwestern University.

 
Hedge Funds: Myths and Limits (Hardcover)
by François-Serge Lhabitant, Francois-Serge L'Habitant
Average Customer Review: 4.5 
out of 5 stars
Price: $75.60

Book Description
Full coverage of how hedge funds work, from risks to rewards.
L'Habitant discusses--from an investor's perspective--the potential uses, risks, and returns in hedge funds, while offering both the qualitative and quantitative tools investors need to access these types of funds. Topics not normally covered in discussions of hedge funds are included, such as how to include hedge funds in traditional portfolios, database differences, and non-transparency. A practical guide to a growing, yet little understood, segment of the financial industry.
Francois-Serge L'Habitant, PhD (Geneva, Switzerland), is Head of Quantitative Risk Management at Union Bancaire Privee in Geneva, Switzerland. A former computer engineer, he previously served as Director of UBS Private Banking Division.
Over the years, financial professionals around the world have looked to the Wiley Finance series and its wide array of bestselling books for the knowledge, insights, and techniques that are essential to success in financial markets. As the pace of change in financial markets and instruments quickens, Wiley Finance continues to respond. With critically acclaimed books by leading thinkers on value investing, risk management, asset allocation, and many other critical subjects, the Wiley Finance series provides the financial community with information they want. Written to provide professionals and individuals with the most current thinking from the best minds in the industry, it is no wonder that the Wiley Finance series is the first and last stop for financial professionals looking to increase their financial expertise.

 
Hedge Fund Masters
by Ari Kiev
Average Customer Review: 5.0 
out of 5 stars
Price: $31.50

Book Description
Discover the psychological strategies that hedge fund traders use to maximize their success in Hedge Fund Masters. Author Ari Kiev interviewed over 80 hedge fund traders, including some of the most successful hedge fund operators in the world, to illustrate the principles of success. Filled with in-depth insights and practical advice, the book explores the pressures felt by professional hedge fund traders as they manage enormous sums of their clients' money and shows you how to maintain emotional balance, focus on targets and goals, overcome deep-seated psychological obstacles, and trade with consistency and discipline.

 
Hedge Fund Disclosure Documents Line by Line
by Gregory J. Nowak
Price: $94.47

Book Description
In the ever-expanding world of hedge funds, one constant remains: managers and sponsors commission the creation of disclosure documents to explain their products and minimize their personal risk exposure. These disclosure documents can be as descriptive – or as opaque – as the manager wants, subject to industry convention and the anti-fraud provisions of the securities laws. Of course, the more opaque the disclosure document is, the less likely the disclosure document will adequately describe the plan, the purposes, and the risks of investment, and accomplish the legal objective of true, complete, and accurate disclosure.

The document analyzed in this publication, the confidential Private Placement Memorandum of the ABC Fund, LLC, is one of the more expansive documents presently in the marketplace. While not as comprehensive as the required prospectus and statement of additional information of a fund registered under the Investment Company Act of 1940, the ABC Fund has elected to meet the disclosure requirements not only of Regulation D under the Securities Act of 1933, but also Sections 4.7 and 4.12 of the regulations under the Commodity Exchange Act.

 
Hedge Funds
by Kenneth S. Phillips (Editor), Ronald J. Surz (Editor)
Average Customer Review: 4.0 
out of 5 stars
Price: $56.67

Book Description
A well-rounded hedge fund guide for the serious financial professional
Alternative investment strategies-hedge funds in particular-have experienced a significant resurgence recently, largely in response to the dramatic downturn of the global equity markets. In response to this explosion in popularity, this book focuses on many of the best moneymaking strategies related to these alternative investment vehicles.
IMCA (The Investment Management Consultants Association) is a professional association established in 1985, representing the investment consulting profession in the U.S. and Canada. Kenneth S. Phillips is a member of the IMCA Advisory Council and Managing Principal of Capital Partners, LLC. Ron Surz, CIMA, is a member of the IMCA Board of Directors and the President of PPCA Inc.

 
Hedge Funds
by Jess Lederman, Robert A. Klein
Average Customer Review: 5.0 
out of 5 stars
Price: $40.95

Book Description
This guide provides strategies for coping with volatile returns and profiting with this exciting new asset class. Specific topics include: Profiles of major funds; Historical performance of hedge funds; Hedge funds as a part of the institutional portfolio; Selecting a hedge fund manager; Legal, tax and accounting issues.

 
The Hedge Fund Handbook
by Stefano Lavinio
Average Customer Review: 3.0 
out of 5 stars
Price: $65.00

Book Description
Hedge funds--one of today's most popular and lucrative investments for high net-worth individuals--also carry tremendous risk for the unwary. The Hedge Fund Handbook provides new tools and frameworks for understanding these complex funds, with the emphasis on risk measurement and management. Extensive charts and graphs demonstrate the inadequacies of traditional methods of analysis while offering the reader a striking new method for detailed, accurate analysis.

Book Info
Sheds light on the dynamics of hedge fund behavior providing new tools and frameworked for understanding what hedge funds are and how they operate. DLC: Hedge funds.

 
Hedge Me
by Claude Schwab
Price: $39.00

Book Description
SUMMARY: Completely revised and updated for this third edition, HEDGE ME is the leading hedge fund career guide written by a leading hedge fund recruiter, for aspiring traders and analysts. The guide includes:
- Crafting a hedge fund resume
- Preparing for in-depth interviews, avoiding pitfalls
- Performing due diligence on hedge funds
- Which recruiting firms specialize in hedge fund placements
- How much compensation to expect

*** The guide also categorizes established hedge funds by strategy, by performance, and by size.

 
Hedge Fund Risk Fundamentals
by Richard Horwitz
Average Customer Review: 3.5 
out of 5 stars
Price: $40.95

Book Description
In the constantly evolving hedge fund marketplace, nothing is more central—but in many ways, more amorphous and elusive—than risk. Yet there remains no standard for analyzing and measuring risk within this highly secretive, largely unregulated field, leaving the thousands of hedge funds—and the tens of thousands of hedge fund investors—in dangerously dim light. The industry has not solved the "transparency" challenge—communicating risk to investors without disclosing proprietary information.

Hedge Fund Risk Fundamentals is the first book to bring these issues to the forefront. With clarity, concision, and minimal math, Richard Horwitz lays out the key components and the cutting-edge processes in the field of hedge fund risk management today. Against that backdrop he presents a groundbreaking utility destined to set the standard for transparency and risk management within the hedge fund universe.

You'll learn why, when it comes to risk management, that 1 + 1 = 1.41. For all of those perplexed by the difficulties of assessing risk in hedge fund investing, Horwitz's concepts make for an invaluable road map and a demystifying resource that hedge funds and investors at all levels will find indispensable.

 
Hedge Fund Investment Management Hedge Fund Investment Management
by Izzy Nelken 
Price: $64.95

Book Description
This book explains the key issues in every hedge fund along with an explanation and summary of each style of hedge fund. It covers literally every aspect of the hedge fund industry. To be released January 6, 2006!

 
Hedge Fund of Funds Investing
by Joseph G. Nicholas
Average Customer Review: 5.0 
out of 5 stars
Price: $40.95

Book Description
The hedge fund industry continues to grow by leaps and bounds, and within this universe, the "fund of funds" is the new star. Comprised of multiple-manager portfolios bundled together as a single multi-hedge fund product, this risk-balancing vehicle has emerged as the instrument of choice for the astute investment professional.

Hedge Fund of Funds Investing walks you through the steps for creating, combining, and managing investments with multiple hedge funds as a fund of funds. Leading hedge fund authority Joseph Nicholas explains the building blocks of a fund of funds and how they can be incorporated into a traditional portfolio to achieve investment objectives and build diversification. In addition, he teaches how to evaluate risks, estimate potential returns, and choose statistical measurement methods. This book provides the key that opens the door to this fast-growing investment phenomenon.

 
Hedge Funds
by Greg N. Gregoriou, Georges Hübner, Nicolas Papageorgiou, Fabrice Rouah
Price: $56.70

Book Description
Whether already experienced with hedge funds or just thinking about investing in them, readers need a firm understanding of this unique investment vehicle in order to achieve maximum success. Hedge Funds unites over thirty of the top practitioners and academics in the hedge fund industry to provide readers with the latest findings in this field. Their analysis deals with a variety of topics, from new methods of performance evaluation to portfolio allocation and risk/return matters. Although some of the information is technical in nature, an understanding and applicability of the results as well as theoretical developments are stressed. Filled with in-depth insight and expert advice, Hedge Funds helps readers make the most of this flexible investment vehicle.

 
Hedge Fund Agreements Line by Line - A User's Guide to LLC Operating Contracts [Download: Adobe Reader]
by Aspatore Books Staff, Aspatore.com, Gregory J. Nowak
Price: $34.62

Book Description
As hedge funds continue to accelerate as widely-employed investment vehicles, understanding the agreements that establish, define and protect them is essential for all parties involved. In Hedge Fund Agreements Line by Line, (italicize title) legal and investing expert Greg Nowak takes a standard operating agreement, itemizing and explaining all parts of the venture. From incorporating a company to liquidating assets and dissolving the partnership, covering everything from the role and distinct responsibilities of the Manager, to all critical points around capital contributions, the admission of new members and permissible withdrawal of capital, this book is an informative and insightful read – indispensable for any Hedge Fund Manager. With a standard operating agreement included in the text, coupled with extensive commentary and detailed explanations, this book offers a swift yet informative read on all legal aspects of incorporating and governing this increasingly popular investment vehicle.

 
Hedge Funds in Emerging Markets
by Gordon de Brouwer
Price: $55.00

Book Description
Largely exempt from regulation and shrouded in secrecy, "hedge funds" are one of the most controversial institutions in modern finance. Presenting a balanced view of the subject. De Brouwer explains their workings using case study material from Hong Kong, Indonesia, Malaysia, Singapore, Australia and New Zealand, from 1997 to 1998. He also considers the future of hedge funds, their role for institutional investors, as well as policy proposals to limit their destabilizing effects.

 
Hedge Funds : A Resource for Investors (The Wiley Finance Series) Hedge Funds: A Resource for Investors  
by Simone Borla, Denis Masetti
Price: $60.67

Book Description
Hedge funds are one of the fastest growing investment products, yet there is little information available to guide investors through this highly attractive financial instrument. In Hedge Funds: A Resource for Investors, the authors provide an accessible guide to assist investors in their portfolio management decisions, covering the operators, products and various hedge fund strategies available.

Written by two highly experienced players of the hedge fund industry, the authors describe the current trends and key recent events in this shift to alternative investments, which are characterised by an excellent risk return profile and low correlation with traditional investments. Hedge Funds: A Resource for Investors is a must-have guide for fund managers, portfolio managers and private investors.

 
The Handbook of Managed Futures and Hedge Funds
by Carl Peters
Price: $49.00

Book Description
In the quest for higher returns, institutional investors are investing billions of dollars into managed futures and hedge funds, which offer more flexibility and diversification than conventional funds. This completely updated and expanded edition of the classic Managed Futures and Hedge Funds includes the latest information on hedge funds, as well as new chapters on performance benchmarks and selection criteria. Readers will find everything needed to understand and benefit from these alternative investments, including how-to: develop an institutional protfolio of managed futures and hedge funds; maximize diversification and arbitrage potential; successfully perform risk/return analyses.

 
The Hedge Fund Edge
by Mark Boucher
Average Customer Review: 4.0 
out of 5 stars
Price: $80.00

Book Description
Achieve higher returns with lower risk and take your profits globally.

A leading hedge fund trader offers a solid and profitable trading approach to the world markets.

The Hedge Fund Edge is an indispensable guide for any investor or trader who wants to consistently profit from the markets without having to undergo huge risks. Mark Boucher, hedge fund manager and well-known speaker on trading, provides readers with a solid methodology for achieving market-beating, long-run returns with risk that is substantially below the long-run risk of U.S. and global equities.

 
Hedges on Hedge Funds
by James R. Hedges
Average Customer Review: 2.0 
out of 5 stars
Price: $32.97

Book Description
A just-in-time guide to hedge fund investing
Today, access to hedge funds is increasingly available to average investors through "funds of hedge funds" and other registered products. These vehicles allow investors to invest as little as $25,000 to start. Hedges on Hedge Funds provides an overview of hedge fund investing and delves into the key investment strategies employed by hedge fund managers. This comprehensive resource directs people to proper fund selection and allocation, but most importantly, it helps investors avoid the potential pitfalls associated with the industry by discussing transparency, size vs. performance, and other important issues associated with selecting and profiting with hedge funds.
James R. Hedges, IV (Naples, FL), is recognized as a pioneer in the hedge fund industry for his efforts to monitor and review funds and fund managers for performance and transparency. He is the founder, President, and Chief Investment Officer of LJH Global Investments-an investment advisory firm that helps clients select and invest in hedge funds.

 
Hedge Funds
by Greg N. Gregoriou (Editor), Vassilios N. Karavas (Editor), Fabrice Rouah (Editor)
Average Customer Review: 5.0 
out of 5 stars
Price: $124.95

Book Description
This hedge fund reader presents a collection of new articles by well known, leading and respected academic and professionals with years of experience in this field.

 
How to Invest in Hedge Funds
by Matthew Ridley
Price: $61.56

Book Description
Hedge fund investment is a specialist area that is largely immune to market upturns and downturns, and can potentially profit when prices are falling. Because of this, there is growing interest in this area from investment professionals -- many of whom have little or no knowledge of how these funds operate. Disappointing returns from the mainstream markets has accelerated interest in the area, and many otherwise experienced investment professionals are scrambling to reinvent themselves as hedge fund specialists. The particularly high margin that hedge funds can offer has further fuelled their popularity.

"How to Invest in Hedge Funds" provides a uniquely balanced approach that outlines both the failings and advantages of this kind of fund. The book is an accessible and practical guide that unravels all the relevant considerations when investing in hedge funds.

 
Hedge Funds: Courtesans of Capitalism Hedge Funds: Courtesans of Capitalism
by Peter Temple
Price: $59.95

Book Description
Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all.
Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.

 
Hedge Fund Risk Transparency
by Leslie Rahl
Price: $153.00

Book Description
The only title that focuses solely on Hedge Fund Transparency and offers a balanced perspective that appreciates both the needs of institutional investors and hedge fund managers.

Presents clear insight on why hedge fund transparency is an issue, as well as offers solutions.

Includes "perspectives" based on interviews with numerous eminent practitioners from both sides of the investor/hedge fund debate.

Service providers including consultants, prime brokers, third party marketers, capital introducers, systems providers, lawyers and accountants, will additionally acquire an enhanced insight into the needs of both investors and hedge funds in order to tailor their services to the market needs.

The press and the regulators can also achieve enhanced understanding of this complex and controversial subject.

Written by the best-selling author and practitioner Leslie Rahl, who is the chair of the Investor Risk Committee of the IAFE Committee on Hedge Fund Transparency and is uniquely placed to advise on and explain the issues for all concerned participants.

 
Hedge Funds of Funds
by Andrew Grauberg
Average Customer Review: 3.5 
out of 5 stars
Price: $225.00

Book Description
An excellent practitioner's guide to funds of funds - this book covers all aspects of portfolio composition.

 
How to Select a Hedge Fund of Funds: Pick the Winners and Avoid the Losers How to Select a Hedge Fund of Funds
by Alan H. Dorsey
Price: $200.00

Book Description
Make sure you are aware of the risks and the opportunities of investing in hedge funds through fund of funds.

Learn how to pick the winners and avoid the losers in fund of funds from one of the leading consultants to the hedge fund industry.

This user-friendly guide helps you:

understand the portfolio advantages of funds of funds,
learn about the marketplace and its participants and
recognize the critical steps to evaluate the merits and risks in managers.

Includes in-depth analysis on:

hedge fund evaluation
portfolio construction
due diligence
monitoring
performance attribution
benchmarking

Includes a full glossary.

 
Hedge fund investing: current advice for financial advisers and planners. : An article from: Journal of Accountancy
by Thomas G. Evans, Stan Atkinson, Charles H. Cho
Price: $5.95

Book Description
This digital document is an article from Journal of Accountancy, published by American Institute of CPA's on February 1, 2005. The length of the article is 4084 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

 
Hedge Funds for Canadian  : New Investment Strategies for Winning in Any Market Hedge Funds for Canadian
by Peter Beck
Price: $15.61

Book Description
With the dismal recent performance and continuing volatility of the stock market, Canadians are looking for new ways to invest their money with less risk and more upside potential, regardless of the general stock market direction. Hedge funds serve both of these needs, providing investors with strong returns during both bull and bear markets. These alternative investments have traditionally been seen as vehicles only for the super-rich or high-risk investor. The facts are, however, that hedge funds represent a much less volatile form of investment, with consistent returns even in depressed market conditions. In fact, hedge funds are one of the fastest-growing financial instruments in Canada, fuelled by market conditions and recent regulatory changes that make them more widely available to the average investor than ever before. This book is the first of its kind: a complete guide to the hedge fund industry in Canada. It has quickly become the definitive book on the subject, and is completely revised and updated to reflect recent innovations in hedge fund investing, as well as expanded and revised fund listings.

 
Hedge Funds for Canadians : New Investment Strategies for Winning in Any Market Hedge Funds for Canadians: New Investment Strategies for Winning in Any Market
by Peter Beck
Price: $29.00

Book Description
Frustrated with mutual fund and stock market performance?

Looking for alternative ways to invest your money? Hedge your bets with Hedge Funds!?

It's no secret that stock market performance over recent years has been disappointing, to say the least-or abysmal, to be more realistic. And when the markets go down, mutual funds go down with them. So what are Canadian investors to do?

Hedge funds are alternative investments that are designed to provide investors with strong returns during both bull and bear markets. Often misunderstood by the average investor, the popularity of hedge funds has been growing rapidly in Canada, thanks to regulatory changes and the continued poor performance of more traditional investment vehicles.

More widely available than ever before, hedge funds can reduce overall risk and volatility, and improve performance regardless of the general stock market direction.

Written by two of the industry's top experts and commentators, this is the first book of its kind: a complete guide to the hedge fund industry in Canada.

Includes complete coverage on: what hedge funds are and how to use them to your advantage; myths and facts about hedge funds; the difference between hedge funds and mutual funds; how to assess hedge funds and measure your risk; how to buy a hedge fund; how to apply different hedge fund styles in your portfolio; and much more.
Features profiles and ratings of 50 hedge funds currently available in Canada, including a description of each fund, information on the fund's manager, performance numbers, terms and conditions, and risk data.

 
Hedge Funds: Investment Vehicles for the Global Economy: What Investors Must Know About Them Hedge Funds: Investment Vehicles for the Global Economy
by Paul Oranika
Average Customer Review:

Price: $19.95

Book Description
Hedge Funds: Investment Vehicles for the Global Economy: What Investors Must Know About Them (Paperback).

 
Hedge Funds and Financial Market Dynamics (Occasional paper) Hedge Funds and Financial Market Dynamics  
by Barry Eichengreen
Price: $18.00

Capitalized Phrases:
United Kingdom, Securities Exchange Act, Securities Act, International Monetary Fund, Group of Ten, Bank of England, Van Hedge Fund Advisors, Commodity Futures Trading Commission, Financial Services Act, Department of Justice, Investment Company Act, Hedge Fund Research, Commodity Exchange Act, Hong Kong, Netherlands Antilles, Cayman Islands, Working Paper, World Bank, Latin America, Channel Islands, Financial Times, International Capital Markets, Southeast Asian, Soviet Union, International Financial Statistics.

 
Hedge Funds and Managed Futures. Hedge Funds and Managed Futures.
by Philipp Cottier

 

 
Hedge Funds: Law and Regulation (Special Reports) Hedge Funds: Law and Regulation
by Helen Parry, Iain Cullen

 

 

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News Books Scholarly Definitions

HEDGE FUND RISK AND OTHER DISCLOSURES
Hedge funds, including fund of funds (“Hedge Funds”), are unregistered private investment partnerships, funds or pools that may invest and trade in many different markets, strategies and instruments (including securities, non-securities and derivatives) and are NOT subject to the same regulatory requirements as mutual funds, including mutual fund requirements to provide certain periodic and standardized pricing and valuation information to investors. There are substantial risks in investing in Hedge Funds. Persons interested in investing in Hedge Funds should carefully note the following:
  • Hedge Funds represent speculative investments and involve a high degree of risk. An investor could lose all or a substantial portion of his/her investment. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment in a Hedge Fund.
  • An investment in a Hedge Fund should be discretionary capital set aside strictly for speculative purposes.
  • An investment in a Hedge Fund is not suitable or desirable for all investors. Only qualified eligible investors may invest in Hedge Funds.
  • Hedge Fund offering documents are not reviewed or approved by federal or state regulators
  • Hedge Funds may be leveraged (including highly leveraged) and a Hedge Fund’s performance may be volatile
  • An investment in a Hedge Fund may be illiquid and there may be significant restrictions on transferring interests in a Hedge Fund. There is no secondary market for an investor’s investment in a Hedge Fund and none is expected to develop.
  • A Hedge Fund may have little or no operating history or performance and may use hypothetical or pro forma performance which may not reflect actual trading done by the manager or advisor and should be reviewed carefully. Investors should not place undue reliance on hypothetical or pro forma performance.
  • A Hedge Fund’s manager or advisor has total trading authority over the Hedge Fund.
  • A Hedge Fund may use a single advisor or employ a single strategy, which could mean a lack of diversification and higher risk.
  • A Hedge Fund (for example, a fund of funds) and its managers or advisors may rely on the trading expertise and experience of third-party managers or advisors, the identity of which may not be disclosed to investors
  • A Hedge Fund may involve a complex tax structure, which should be reviewed carefully.
  • A Hedge Fund may involve structures or strategies that may cause delays in important tax information being sent to investors.
  • A Hedge Fund may provide no transparency regarding its underlying investments (including sub-funds in a fund of funds structure) to investors. If this is the case, there will be no way for an investor to monitor the specific investments made by the Hedge Fund or, in a fund of funds structure, to know whether the sub-fund investments are consistent with the Hedge Fund’s investment strategy or risk levels.
  • A Hedge Fund may execute a substantial portion of trades on foreign exchanges or over-the-counter markets, which could mean higher risk.
  • A Hedge Fund’s fees and expenses-which may be substantial regardless of any positive return- will offset the Hedge Fund’s trading profits. In a fund of funds or similar structure, fees are generally charged at the fund as well as the sub-fund levels; therefore fees charged investors will be higher that those charged if the investor invested directly in the sub-fund(s).
  • Hedge Funds are not required to provide periodic pricing or valuation information to investors.
  • Hedge Funds and their managers/advisors may be subject to various conflicts of interest.
The above general summary is not a complete list of the risks and other important disclosures involved in investing in Hedge Funds and, with respect to any particular Hedge Fund, is subject to the more complete and specific disclosures contained in such Hedge Fund’s respective offering documents. Before making any investment, an investor should thoroughly review a Hedge Fund’s offering documents with the investor’s financial, legal and tax advisor to determine whether an investment in the Hedge Fund is suitable for the investor in light of the investor’s investment objectives, financial circumstances and tax situation.

All performance information is believed to be net of applicable fees unless otherwise specifically noted. No representation is made that any fund will or is likely to achieve its objectives or that any investor will or is likely to achieve results comparable to those shown or will make any profit at all or will be able to avoid incurring substantial losses. Past performance is not necessarily indicative, and is no guarantee, of future results.

The information on the Site is intended for informational, educational and research purposes only. Nothing on this Site is intended to be, nor should it be construed or used as, financial, legal, tax or investment advice, be an opinion of the appropriateness or suitability of an investment, or intended to be an offer, or the solicitation of any offer, to buy or sell any security or an endorsement or inducement to invest with any fund or fund manager. No such offer or solicitation may be made prior to the delivery of appropriate offering documents to qualified investors. Before making any investment, you should thoroughly review the particular fund’s confidential offering documents with your financial, legal and tax advisor and conduct such due diligence as you (and they) deem appropriate. We do not provide investment advice and no information or material on the Site is to be relied upon for the purpose of making investment or other decisions. Accordingly, we assume no responsibility or liability for a ny investment decisions or advice, treatment, or services rendered by any investor or any person or entity mentioned, featured on or linked to the Site.

The information on this Site is as of the date(s) indicated, is not a complete description of any fund, and is subject to the more complete disclosures and terms and conditions contained in a particular fund's offering documents, which may be obtained directly from the fund. Certain of the information, including investment returns, valuations, fund targets and strategies, has been supplied by the funds or their agents, and other third parties, and although believed to be reliable, has not been independently verified and its completeness and accuracy cannot be guaranteed. No warranty, express or implied, representation or guarantee is made as to the accuracy, validity, timeliness, completeness or suitability of this information.

Any indices and other financial benchmarks shown are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends and do not reflect the impact of advisory fees. Investors cannot invest directly in an index. Comparisons to indexes have limitations because indexes have volatility and other material characteristics that may differ from a particular hedge fund. For example, a hedge fund may typically hold substantially fewer securities than are contained in an index. Indices also may contain securities or types of securities that are not comparable to those traded by a hedge fund. Therefore, a hedge fund’s performance may differ substantially from the performance of an index. Because of these differences, indexes should not be relied upon as an accurate measure of comparison.




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