Practical Operational Due Diligence on Hedge Funds: Processes, Procedures, and Case Studies (The Wiley Finance Series)

Author: Rajiv Jaitly

Edition: 1st

Language: English

Publisher: Wiley

Publication Date: February 5, 2016

ISBN-13: 978-1119018742

This encyclopedic reference offers a comprehensive guide to tightening due diligence procedures for more successful hedge fund investments. Written by an experienced practitioner, the book delves into various aspects of operational due diligence, providing insights into critical areas that professionals should address. Accompanied by a rich archive of factual material on different hedge fund issues, including failures, fines, and closures, it helps readers understand the many facets of due diligence and the potential pitfalls involved.

The book extensively discusses publicized cases, identifying manager entities and actual fund vehicles involved in these incidents. It provides commentary on what could have been done differently in each case, backed by actual regulatory materials such as SEC complaints that recreate the events that took place. Through this approach, readers gain a deeper understanding of due diligence processes and learn how to standardize them to avoid major errors and oversights.

With the amount of money managed by hedge funds almost doubling from $1 trillion at the time of the financial crisis, the importance of due diligence on these alternative investments has grown significantly. This book offers complete guidance toward the due diligence process, enriched with plentiful real-world examples that illustrate key concepts and best practices.

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