{"product_id":"managing-hedge-fund-risk-and-financing-adapting-to-a-new-era-9780470827260","title":"Managing Hedge Fund Risk and Financing: Adapting to a New Era","description":"\u003cp\u003e • Author(s): David P. Belmont\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Investments \u0026amp; Securities - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Inside Flap\u003c\/b\u003e\u003cbr\u003eHedge fund investors and managers must learn the lessons of the credit crisis or be doomed to repeat them. Drawing on his unique \"in the trenches\" perspective as the risk manager of a leading prime brokerage through the crisis and his own hands-on hedge fund risk management experience, \u003ci\u003eManaging Hedge Fund Risk and Financing\u003c\/i\u003e illustrates the risks faced during the credit crisis by actual hedge funds. David Belmont distills lessons regarding the evolution of hedge fund risk management by highlighting the risk management practices of those that survived and combing the wreckage of those that failed. \u003c\/p\u003e\u003cp\u003eStarting with the perspective of the hedge fund as a fragile enterprise, Belmont comprehensively defines the interrelated risks facing hedge funds and presents a holistic risk management approach that focuses on investment risks while integrating funding, counterparty and operational risks. He details the likelihood and impact of each risk by hedge fund type, and analyzes hedge fund performance through the crisis to establish the risk management priorities for each hedge fund strategy.\u003c\/p\u003e \u003cp\u003eUsing game theory and insight into the self-interest of hedge fund managers, investors, and creditors, Belmont defines realistic strategies for counterparty and funding risk management. He illustrates how funding and counterparty risks can be mitigated and the solvency of a hedge fund protected in a crisis through careful negotiation of legal documents with brokers and investors.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45160614789271,"sku":"9780470827260","price":12224.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780470827260.webp?v=1767304818","url":"https:\/\/atlanticbooks.com\/products\/managing-hedge-fund-risk-and-financing-adapting-to-a-new-era-9780470827260","provider":"Atlantic Books","version":"1.0","type":"link"}