Bayou. Wood River. Aurora. Amaranth. The Manhattan Fund. Integral Investment Management. To anyone invested in or interested in investing in hedge funds, these names all mean one thing: blow-ups. But knowing that these and other hedge funds have cratered is not particularly valuable. Knowing how to avoid funds that might blow-up, of course, would certainly be considered crucial by anyone even remotely considering this type of investment. This book will provide a step-by-step methodology that when followed properly, will allow readers to do just that, based on an intimate knowledge of the hedge fund manager’s career, combined with a clear understanding of what the information gathered really means. Via a deconstruction of these and other hedge fund blow-ups of the past few years, the book will also chronicle the warning signs of future problems, and more importantly, how to spot them.
Book Details:
- Author: Randy Shain
- ISBN: 9780470139776
- Year Published: 2008
- Pages: 320
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Bayou. Wood River. Aurora. Amaranth. The Manhattan Fund. Integral Investment Management. To anyone invested in or interested in investing in hedge funds, these names all mean one thing: blow-ups. But knowing that these and other hedge funds have cratered is not particularly valuable. Knowing how to avoid funds that might blow-up, of course, would certainly be considered crucial by anyone even remotely considering this type of investment. This book will provide a step-by-step methodology that when followed properly, will allow readers to do just that, based on an intimate knowledge of the hedge fund manager’s career, combined with a clear understanding of what the information gathered really means. Via a deconstruction of these and other hedge fund blow-ups of the past few years, the book will also chronicle the warning signs of future problems, and more importantly, how to spot them.
This book will provide an overview of due diligence into hedge fund management, how information on managers can be obtained, and why this information is essential and beneficial to the investment community including hedge funds, advisors and others.
IMPORTANT SUBJECT: Business headlines appear almost daily about high profile hedge fund blow ups. This book offers an insider’s view on how these blow ups could, in most cases, have been predicted and uncovered earlier. STRONG MEDIA TIES: Marcia Vickers of Fortune, Nathan Vardi of Forbes, Iain Jenkins of Absolute Return, Molly Sell of CNBC and Amanda Cantrell of CNNmoney.com are just a few of the reporters who have covered Shain. Shain also has connections with Matthias Knab’s Opalesque.com, The Institutional Investor, MarHedge, and Albourne. PRACTICAL INSIGHTS: With knowledge of the resources available to conduct investigations, individual investors and professionals will be able to conduct more investigations on their own to avoid potential huge losses. ESSENTIAL GUIDE: The book should be required reading for pension funds (especially for state and city workers) who cannot afford to lose the retirement funds of city and state workers.
About the Author
Randy Shain (Port Washington, NY) is Executive Vice President at First Advantage Investigative Services, part of BackTrack Reports Group. He and a group of some 50 investigators are hired by investment professionals to examine hedge fund and hedge fund management, looking for “red flags” or other signs that investors should be aware of. Since 1993, Shain has examined more than 3000 funds and 4,500 hedge fund managers. His due diligence work has expanded as the number and size of hedge funds has skyrocketed, with more than 3300 funds, managing more than $1.2 trillion today. As part of his work, Shain examines court filings, criminal records, news clippings and conducts extensive interviews.