January 2004
Intermediate to advanced
288 pages
5h 31m
English

TO PULL TOGETHER the selection process detailed in the preceding chapters, what follows is its application in a hypothetical case study featuring a U.S. foundation. In getting to the fund of funds selection stage, the investment staff of the foundation has educated its members about the hedge fund industry, as discussed in Parts 1 and 2 of this book, and has retained expert advisers to consult on the subject. After evaluating the merits of adding hedge funds to its traditional portfolio, a decision to move ahead is made.
A medium-sized foundation with some $200 million in assets has decided to invest approximately $20 million, or 10 ...
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