Hedge Funds, Private Credit, and Private Markets
Free GARP FRM Part II lesson in Risk Management and Investment Management. 22 min read, ~3,333 words.
Hedge fund strategies divide into equity (long-short, market neutral, dedicated short), event-driven (merger arb, distressed, activist), macro (global macro, managed futures), and arbitrage (convertible, fixed-income, statistical). Hedge fund regulation historically light; post-2008 systemic-risk concerns drove Form PF, AIFMD reporting, and prime-broker exposure caps. Master-feeder structure is standard for tax efficiency...
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What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
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