Introduction to Hedge Funds

This course will provide a comprehensive overview of hedge fund investing, beginning with a historical look at the industry and ending with more recent events, including the 2008 global financial crisis and the Madoff Ponzi scheme. Various investment strategies utilized by hedge funds will be presented and discussed in connection with the mechanics of executing those strategies. Students will be exposed to the legal considerations that go into structuring hedge funds, as well as the regulatory framework within which hedge funds operate. Certain tax considerations of hedge fund investing will also be covered. Class sessions will feature guest speakers with extensive knowledge of the hedge fund industry. Planned speakers include hedge fund managers, experts in hedge fund evaluation and allocation, and experts in hedge fund operations and regulation. Weekly class discussion topics include: -Hedge Fund Industry Overview -Review of Hedge Fund Strategies (equity, credit, and macro/CTA) -Regulation of Hedge Funds (registration of fund managers, structured of hedge funds, tax & ERISA) -The Role of Hedge Funds in a Traditional Portfolio & Risk Management -Hedge Fund Due Diligence (investment research and operational analysis) -Madoff Case Study -2008 Financial Crisis & the 1998 Collapse of Long-Term Capital Management -Recent Trends in the Hedge Fund Industry

Catalog Number: BUSCOM 811

Course History

Fall 2013
Title: Introduction to Hedge Funds
Faculty: Meister, Paul A
Section: 1     Credits: 3.0
Capacity: 25     Actual: 25