A Guide to Starting Your Hedge Fund.
Erik. Serrano Berntsen
Bok Engelsk 2015 · Electronic books.
| Omfang | 1 online resource (219 pages)
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| Utgave | 1st ed.
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| Opplysninger | Cover -- Title Page -- Copyright -- Contents -- Part I Why This Book? -- Chapter 1 Introduction -- Why This Book? -- The Big Picture and Energy Commodities -- Case Study: Amaranth Advisors -- Layout -- The Beginning -- Bibliography -- Part II The Basics -- Chapter 2 What Is a Hedge Fund? -- I Already Know What a Hedge Fund Is -- A Little Bit of History -- So What Is a Hedge Fund? -- Hedge Funds (Un)Defined -- The Growth of the Hedge Fund Industry -- Hedge Fund + Commodities = Commodities Corporation -- Whither Energy and Commodity Hedge Funds? -- Moving Forward -- Bibliography -- Chapter 3 What Are Energy Commodities? -- Introduction -- What Are Energy Commodities? -- The Regionality of Electricity -- Why Are Energy Commodities Attractive for Investors? -- A Complex, Solvable Problem -- Drivers of Complexity -- Conditions for Solvability -- Principal Sources of Opportunity and Risk -- Bibliography -- Chapter 4 Trading and Investing in Energy Commodities -- Bottom-up and Top-down -- Trading + Managing a Business = Successful Hedge Fund -- The Edge? -- Trading Energy Commodities -- Basic Financial Knowledge for Commodities -- Conclusion -- Bibliography -- Part III Starting the Journey -- Chapter 5 The Business Plan: Implications and Applications -- Introduction -- Objectives and Uses of a Hedge Fund Business Plan -- Conclusion -- Bibliography -- Chapter 6 Laws, Contracts, and Lawyers -- Don't Kill Your Lawyer -- Legal Basics for Funds -- Master-Feeder Fund Structures -- Side-Pocket Structures -- The Firm -- The Investment Advisory Agreement -- Attributes and Variations of the Investment Management Enterprise -- Structural Design Decisions -- Case Study: Complex Tax Structuring -- Be Nice To Your Lawyer -- Bibliography -- Chapter 7 Service Providers -- Introduction -- Long-Term Relationship: Service Providers and Marriage.. - Service Providers: Who and Where? -- Negotiate, Negotiate, Negotiate -- Service? -- How to Choose? -- Final Thoughts -- Bibliography -- Part IV Running the Business -- Chapter 8 Fundraising -- Strategic Investor Portfolio Design -- Start-up Lifecycle Analysis and Investor Portfolio Development -- Investor Acquisition - Marketing -- Tools for Marketing and Key Marketing Documents -- Marketing Documentation -- Investor Maintenance - Investor Relations -- Chapter 9 Operations and Infrastructure -- Introduction -- Infrastructure and Technology -- Bibliography -- Part V Final Thoughts -- Chapter 10 Investing in Energy Commodity Hedge Funds -- Asset Allocation: Portfolio Building Basics -- Asset Allocation: Understanding Different Strategies -- Checklist for Investing in Energy Commodity Hedge Funds -- Bibliography -- Chapter 11 Quo Vadis -- Bibliography -- Appendix A Sample Business Plan Outline -- Appendix B Outline of a Confidential Explanatory Memorandum: Sample Offshore Feeder Ltd -- Appendix C Sample Due Diligence Questionnaire Outline -- Index -- EULA.. - A Guide to Starting Your Hedge Fund is a practical and definitive guide that offers investors and fund managers the information and tools they need to select, design, and launch their own funds. Written by Erik Serrano Berntsen and John Thompson - hedge fund and energy industry experts - this important resource examines the practical aspects of setting up and operating funds, giving additional insight into the burgeoning sector of energy commodity markets. The authors scrutinise the due diligence process and offer an intelligent review of energy hedge fund investment opportunities and risks. This important text also includes a wealth of planning and strategic advice that will prove invaluable to prospective fund managers and investors. A Guide to Starting Your Hedge Fund gives prospective fund managers an accessible approach for mastering the key elements necessary if they are to develop a successful hedge fund. Berntsen and Thompson put the focus on a proven method for creating an effective overall strategy. They reveal how to create a sound business plan, outline the critical legal requirements, and show what it takes to work well with service providers, such as prime brokers and administrators. The book explores the fundamentals of running an investment management firm, includes information on fundraising techniques, and clearly shows how to administer the daily operations of a hedge fund. Serrano Berntsen and Thompson offer their in-the-trenches wisdom and sound advice that investors should consider before adding an energy commodity hedge fund to their portfolio. The authors also include their insights into the future of energy commodity hedge funds. Designed as a practical resource, the book contains an outline of a sample business plan, offering memorandum, and a helpful due diligence questionnaire. Whilst oil has long been traded by. - hedge funds, natural gas, electricity, and the environmental products like emissions allowances and weather derivatives are the new and highly desirable investment strategies. These high returns come with major risk, A Guide to Starting Your Hedge Fund gives savvy investors and fund managers the information they need to make smart decisions.
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| Emner | |
| Sjanger | |
| Dewey | |
| ISBN | 9781119064886
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| ISBN(galt) |
