Customer Reviews

Starting a Hedge Fund : A US Perspective

5 star:		(1)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

This book contains all the information you need to understand to start a hedge fund and is clear and concise.

Some of the more valueable topics covered are: Legal issues related to structuring a fund,investment advisor registration(and avoiding it) and distribution of a fund. There are also valuable chapters on fund administration (so you will know what questions to ask before signing up an administrator), tax considerations and regulation for funds that deal in commodity derivatives (which fall under additional regulation by the CFTC).

You will still need lawyers and consultants to assist in setting up a fund, however this will let you save time and money by already having a good understanding of what is involved.

I have no connection with the writers/publishers, however they appear to be industry insiders with considerable knowledge on the topics covered (each chapter is write by an expert on that particular topic).

if you have no hedge fund experience and are starting a hedge fund, this may be a good basic overview. however, if you are already in the hedge fund world and ready to go out on your own, then this book will not be a valuable tool. in either case, you will need to hire a top tier accounting firm, law firm, and prime broker to start up. in your first meeting with each of them, you will likely get informaation which is very similar to what is disclosed in this book. not a good use of time or funds, but if you are starting a hedge fund, you can probably well afford it.

I found the book not very useful as it only gives an overview of the subject. It definitely is not a how to guide as suggested by the title "Starting a Hedge Fund".