A Guide to Starting Your Hedge Fund (PDF)

Successful hedge fund investing begins with well-informed
strategy

A Guide to Starting Your Hedge Fund is a practical,
definitive "how-to" guide, designed to help managers design and
launch their own funds, and to help investors select and diligence
new funds. The first book to examine the practical aspects of
setting up and operating funds with a focus on energy commodity
markets, this book scrutinises the due diligence process and
comprehensively reviews the opportunities and risks of all energy
commodity markets as hedge fund investments. Extensive planning and
strategy advice prove invaluable to prospective fund managers and
investors alike, and detailed discussion of the markets'
constraints help inform procedural decisions. Readers gain insight
into practical matters including legal and commercial structures,
due diligence, fund raising, operations, and more, allowing them to
construct a concrete investment plan before ever touching a
penny.

Asset managers are looking to energy commodities to provide
attractive uncorrelated - if volatile - returns. These
high returns, however, are accompanied by high risk. Few investors
have experience evaluating these investment opportunities, and few
prospective fund managers understand the market fundamentals and
their associated risks. This book provides the answers sorely
lacking in hedge fund literature, giving investors and fund
managers the background they need to make smarter decisions.

* Understand the markets' structures, opportunities, and
risks

* Develop a comprehensive, well-informed investment strategy

* Conduct thorough due diligence with a detailed plan

* Examine the practical aspects of fund raising, legal and tax
structure, and more

Oil has long been traded by hedge funds, but electricity, the
fuels that generate electricity, and the environmental products
like emissions allowances and weather derivatives have become the
new "hot" investment strategies. These high returns come with
higher risk, but A Guide to Starting Your Hedge Fund ensures
participants have essential information at their disposal.