{"product_id":"alternative-investment-operations-hedge-funds-private-equity-and-fund-of-funds-paperback","title":"Alternative Investment Operations: Hedge Funds, Private Equity, and Fund of Funds - Paperback","description":"\u003cp\u003eby \u003cb\u003eJason Scharfman\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eOffers detailed practical guidance on developing and managing an alternative investment operations program and step-by-step analysis of the modern operational mechanics behind hedge fund trading operations\u003c\/p\u003e\u003cp\u003eIncludes analysis of the unique operational practices employed by less liquid alternative strategies including private equity and fund of funds\u003c\/p\u003e\u003cp\u003eContains current examples of real-world alternative investment specific documentation including a fund operations manual, operations focused service level agreements, and operational committee procedural documentation\u003c\/p\u003e\u003cp\u003eComprises up-to-date case studies and demonstrative examples of operational best practices and failures\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e \u003c\/b\u003eAlternative investments such as hedge funds, private equity, and fund of funds continue to be of strong interest among the investment community. As these investment strategies have become increasingly complex, fund managers have continued to devote more time and resources towards developing best practice operations to support the actual trade processing, fund accounting, and back-office mechanics that allow these strategies to function. Representative of this operational growth, estimates have indicated that fund managers have seen increased operating budgets of 30% or more in recent years.\u003c\/p\u003e\u003cp\u003eIn today's highly regulated environment, alternative investment managers have also increasingly had to integrate rigorous compliance and cybersecurity oversight into fund operations. Additionally, with recent advances in artificial intelligence and big data analysis, fund managers are devoting larger portions of their information technology budgets towards realizing technology-based operational efficiencies. Alternative investment fund service providers have also substantially increased their scope and breadth of their operations-related services. Furthermore, investors are increasingly performing deep-dive due diligence on fund manager operations at both fund level and management company levels.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book provides current and practical guidance on the foundations of how alternative investment managers build and manage their operations. While other publications have focused on generalized overviews of historical trading procedures across multiple asset classes, and the technical intricacies of specific legacy operational procedures, \u003ci\u003eAlternative Investment Operations \u003c\/i\u003ewill be the first book to focus on explaining up-to-date information on the specific real-world operational practices actually employed by alternative investment managers. This book will focus on how to actually establish and manage fund operations. \u003ci\u003eAlternative Investment Operations \u003c\/i\u003ewill be an invaluable up-to-date resource for fund managers and their operations personnel as well as investors and service providers on the implementation and management of best practice operations.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJason Scharfman\u003c\/b\u003e is the Managing Partner of Corgentum Consulting, a specialist consulting firm that performs operational due diligence reviews and background investigations of fund managers of all types, including hedge funds, private equity, real estate, and long-only funds on behalf of institutional investors, including pensions, endowments, foundations, fund of funds, family offices, and high-net-worth individuals. He is recognized as one of the leading experts in the field of due diligence and fund operations. He is the author of several publications including \u003ci\u003ePrivate Equity Compliance: Analyzing Conflicts, Fees and Risks\u003c\/i\u003e (2018), \u003ci\u003eHedge Fund Compliance: Risks, Regulation and Management\u003c\/i\u003e (2016), \u003ci\u003eHedge Fund Governance: Evaluating Oversight, Independence, and Conflicts\u003c\/i\u003e (2014), \u003ci\u003ePrivate Equity Operational Due Diligence: Tools to Evaluate Liquidity, Valuation, and Documentation\u003c\/i\u003e (2012), and \u003ci\u003eHedge Fund Operational Due Diligence: Understanding the Risks\u003c\/i\u003e (2008). Jason has also contributed to the Chartered Alternative Investment Analyst (CAIA) curriculum on due diligence, has served on the organization's Due Diligence, Risk Management and Regulation Committee, and holds the CAIA charter.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 198\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.46 x 9.21 x 6.14 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e August 30, 2021\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42098642223239,"sku":"9783030466312","price":89.08,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/79620123db8dbe3e848d5f4a226cac35.webp?v=1732365537","url":"https:\/\/booksby.splitshops.com\/products\/alternative-investment-operations-hedge-funds-private-equity-and-fund-of-funds-paperback","provider":"Books by splitShops","version":"1.0","type":"link"}