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Top Hedge Fund Investors: Stories, Strategies, and Advice

Book Description

A professional's guide to the world of hedge fund investing

Throughout the financial crisis of 2008, many hedge funds suffered massive losses and were often blamed for the extreme market upheavals. In the wake of the crisis, hedge funds remain a source of fascination for the media, legislators, and investors, mostly due to misunderstanding.

Historically portrayed as risky investment funds for the very wealthy run by swashbuckling traders, the truth is hedge funds are simply an investment vehicle designed to generate superior returns and reduce an investor's overall portfolio risk.

Investors have good reasons to remain fascinated with hedge funds. Although many individual funds have underperformed or collapsed, hedge funds as a whole have provided solid returns while reducing risks. Savvy institutions have invested in hedge funds for many years and have made them a large and powerful force in the markets. Investing in hedge funds requires sophisticated knowledge, understanding, skill, access, and experience. Individuals and institutions, whether they are new to hedge funds or need to improve, can find those attributes in the stories of the successful hedge fund investors profiled in Top Hedge Fund Investors: Stories, Strategies, and Advice.

Top Hedge Fund Investors chronicles the challenges and rewards these investors face in selecting hedge fund managers, managing risks, and constructing portfolios. In revealing conversations, leading hedge fund investors who place hundreds of billions of dollars in hedge funds, share their philosophies, strategies, and advice.

  • Profiles a variety of different investors from the pioneers in hedge fund investing to managers for high net-worth individuals and fund of funds investors

  • Discusses winners and losers in the recent market decline, problematic hedge fund strategies, and how these current events will change future strategies

  • Provides lessons, insights, and advice beneficial to all hedge fund investors

Engaging and informative, Top Hedge Fund Investors will prove valuable to anyone involved in placing money with hedge funds, as well as hedge funds who seek to better understand their clients.

Table of Contents

  1. Title Page
  2. Copyright Page
  3. Dedication
  4. Preface
  5. Acknowledgements
  6. About the Authors
  7. PART One - Evolution of the Hedge Fund Industry and Investing
    1. CHAPTER 1 - The Truth about Hedge Funds
      1. HEDGE FUNDS IN THE SPOTLIGHT
      2. WHAT IS A HEDGE FUND?
      3. ORIGINS AND HISTORY OF HEDGE FUNDS
      4. CONCLUSION
    2. CHAPTER 2 - The Investment Process
      1. PREPARING TO INVEST IN HEDGE FUNDS
      2. IMPLEMENTING THE PROCESS
      3. CONCLUSION
    3. CHAPTER 3 - The Hedge Fund Investment Landscape
      1. THE FINANCIAL CRISIS OF 2008
      2. POSTCRISIS OUTLOOK
      3. CONCLUSION
  8. PART Two - Top Hedge Fund Investors: Stories and Strategies
    1. CHAPTER 4 - Author of the Hedge Fund Investing Story
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. HEDGE FUND INDUSTRY
      4. INVESTIGATOR, INVESTOR, INSPIRATION
    2. CHAPTER 5 - The Predictive Value of Performance
      1. BACKGROUND
      2. HEDGE FUND INVESTOR
      3. HEDGE FUNDS IN PERSPECTIVE
      4. LESSONS, OBSERVATIONS, AND ADVICE
      5. PAST PERFORMANCE EQUALS FUTURE SUCCESS
    3. CHAPTER 6 - The Best Qualities of Limestone
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. HEDGE FUND EVOLUTION AND OUTLOOK
      4. IN PRAISE OF LIMESTONE
    4. CHAPTER 7 - An Asymmetrical Talent
      1. BACKGROUND
      2. HEDGE FUND INVESTOR
      3. LESSONS, OBSERVATIONS , AND OUTLOOK
      4. ASYMMETRICAL SUCCESS
    5. CHAPTER 8 - Early Endowment CIO and Entrepreneur
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. LESSONS , OBSERVATIONS, AND ADVICE
      4. NOT TIRED OF PRODUCING EXCELLENCE
    6. CHAPTER 9 - An Ambassador of the Highest Standard
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. HEDGE FUND INDUSTRY OUTLOOK
      4. LESSONS FROM A LEADER
    7. CHAPTER 10 - A Risk Management Mastermind
      1. BACKGROUND
      2. RISK MANAGEMENT PHILOSOPHY
      3. INVESTMENT PROCESS
      4. HEDGE FUND INDUSTRY OUTLOOK
      5. MIND OF A RISK MASTER
    8. CHAPTER 11 - A Driver of Returns
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. INVESTMENT PERSPECTIVES
      4. GLOBAL , DIVERSIFIED INVESTOR
    9. CHAPTER 12 - A Better Way
      1. BACKGROUND
      2. INVESTMENT PROCESS
      3. INDUSTRY ISSUES AND CHALLENGES
      4. IDEALS, OBSERVATIONS, AND ADVICE
      5. NO BETTER WAY TO MAKE MONEY
    10. CHAPTER 13 - The Quality of the People
      1. HEDGE FUND RECOVERY
      2. INVESTMENT ISSUES
      3. INDUSTRY ISSUES
      4. HEDGE FUND INVESTING OUTLOOK
      5. PORTFOLIO OF TOP INVESTORS
  9. Notes
  10. Index