“This is a great reference for those who are just beginning to invest inhedge funds, as well as for those who already have a hedge fund of fundsallocation. If you are new to this investment vehicle, the book
providesa thorough description of funds of funds and a great framework for conducting the due diligence process.
If you are already invested infunds of funds, it will prompt you to ask some probing questions at thenext meeting with your fund of funds manager.”—
Senior Managing Director, Victory Capital Management
“Hedge fund expert Joe Nicholas dissects the industry’s hottest trend,investing in funds of hedge funds, in his new book.
It’s a must-read for institutional and private investors alike
Managing Director, Putnam Lovell NBF Securities Inc.
“Joe Nicholas has created
an authoritative and innovative handbook of fund of funds investing that is essential for both financial and non-financial decision makers.
Building upon his previous writing, he hassuccessfully applied his practical hands-on experience to demystify thehedge fund industry using common sense explanations that do not dependon obscure jargon or understanding.”—
Executive Committee and Trustee, Museum of Contemporary Art, Chicago
“There has been tremendous growth in the fund of hedge fund business, with assets doubling in the last year. Joe clearly explains the reasons forthis growth as he examines the hedge fund industry and assesses funds of hedge funds as the most effective way to gain exposure to the hedge fundarena. The book is
a terrific resource
for those considering an invest-ment in hedge funds and/or a fund of hedge funds.”—
Managing Director and CIO, NewMarket Capital Partners, LLC
“While hedge funds of funds have proliferated as a relatively new invest-ment vehicle, reliable information about these vehicles has been limited.
Joe Nicholas’s timely book does a magnificent job of providing concise, valuable information about these popular new funds
President, Wells Fargo Alternative Asset Management