Hedge Fund Investing: A Practical Approach to Understanding Investor Motivation, Manager Profits, and Fund Performance

Praise for Hedge Fund Investing, Second Edition

"I had the privilege to work with Kevin when he was the Chief Operating Officer at Larch Lane Advisors, a leading hedge fund seeding firm and investor in new funds. Kevin has a great ability to explain the inner workings of hedge funds from both an operational and investment perspective."
Peter Brady, Director of Sales and Client Service, Lyxor Asset Management, Inc.

"With a timely update to what is becoming a standard in the field, Professor Mirabile again manages to condense his unequaled practical and academic knowledge into a concise, well–organized hornbook accessible to students and investment practitioners alike. Mirabile′s work??is the place to start for those looking to understand, work, or invest in private funds."
John P. Drohan, President, ACI Financial Markets Association

"As a hedge fund manager I look for all of my employees to have the knowledge of the industry that Hedge Fund Investing provides. It is an ideal starting point for anyone who expects to work at or invest with a hedge fund. Kevin Mirabile′s knowledge of hedge funds is unusually valuable because he has worked in all aspects of the business financing, trading, portfolio management, and manager selection. He has seen hedge funds evolve from a cottage industry to a mainstream component of the asset management complex. Kevin is an ideal person to learn the business from."
Kevin Coldiron, Co–Founder, Algert Coldiron Investors, LLC

"Mirabile′s book strikes that rare balance between being informative for practitioners, instructive for educators, and accessible for individual investors. The new version offers worthwhile updates, and readers will find this to be a book they go back to again in the future as a handy refresher.??Worth a spot in any investor′s library."
Jonathan Brolin, Founder and Managing Partner, Edenbrook Capital and Adjunct Professor, Gabelli School of Business, Fordham University

KEVIN R. MIRABILE is a clinical assistant professor of finance and business economics at Fordham University′s Gabelli School of Business, where he teaches courses on finance, alternative investing, and hedge funds. During his more than thirty years in financial services, he has held senior executive positions at Larch Lane Advisors, Morgan Stanley, Daiwa Securities, and Barclays Capital. He is a Certified Public Accountant, a member of the Hedge Fund Association′s Education Committee, and a member of the Greenwich Roundtable′s Founders Council. He also holds a bachelor′s degree from S.U.N.Y. Albany, a master′s degree in international banking and finance from Boston University, and a doctorate in finance and economics from Pace University.