Book description
The most up-to-date look at how to understand, and invest in, hedge funds
Hedge funds are an essential part of the alternative investing arena,
and will continue to be so for the foreseeable future. It's important
that those investing, or thinking about investing, with hedge funds
know exactly what they are about. That's why Kevin Mirabile-a
financial professional with over twenty years of business development,
regulatory, financing, trading, and sales experience in the hedge fund
sector-has created Understanding Hedge Fund Investing.
Page-by-page, this reliable resource offers valuable insights into
one of the most competitive parts of the investment world. Along the
way, you'll become familiar with the evolution of hedge funds and
their structure as well as discover what types of individuals and
institutions invest using hedge funds. Mirable also takes the time to
examine the risks of investing in hedge funds and talks about hedge
fund financial statements and taxation.
- Provides complete coverage of this important investment vehicle,
from its different types of investing strategies and styles to
what it takes to be a hedge fund manager
- Multiple-choice questions follow each chapter to assess your
comprehension of the topics covered
- A companion Website contains portfolio models that can be
uploaded for use as well as supplementary material that allows you
to learn in a hands-on fashion long after closing the book
Hedge funds offer investors opportunities that aren't usually found
elsewhere. But to benefit from them, you first must understand them.
This book has the information you need to succeed at this difficult
endeavor.
KEVIN R. MIRABILE has been Chief Operating Officer of Larch
Lane Advisors. He has over twenty years of business development,
regulatory, financing, trading, and sales experience in the hedge fund
sector. Mirabile was previously COO of Orca Asset Management, a
principal at Morgan Stanley, president of the Morgan Stanley Trust
Company, an executive vice president at Daiwa Securities, and a
managing director and operating committee member of Barclays Capital.
He is a CPA, a member of the AICPA, the International Association of
Financial Engineers, the Greenwich Roundtable's Founders Council, and
is a Professor of Finance and Business Economics at Fordham
University's Gabelli School of Business. Mirabile received his BS in
accounting from SUNY, Albany, and his MS in banking and finance from
Boston University.