Fundamentals of Hedge Funds is geared to a large public: hedge fund managers, risk management officers, investment consultants, and investment bankers find what is needed to sharpen and enhance their knowledge—legal, corporate, finance, and tax considerations for their businesses. Likewise, MBA students in finance, risk management, and executive management, and MS students in investment management or enterprise risk management learn and nurture their intellect as to the hedge fund world and prepared to contribute to the spring of this booming industry.

Hedge fund managers are no longer just short-term investors seeking a quick return on their investments. They have diversified their portfolios in various investments, including long-term investments, an arena longer considered to be the essence business of private equity.

The topics covered in this book assist even a layperson investor interested in these alternative investment vehicles.