Masterclass: Excellence in Hedge Funds
*Terms & Conditions apply
Course Overview
Hedge funds are an alternative asset class that attracts investments from institutional investors, high-net-worth individuals, and retail investors.
According to a Reuters report, the total assets under management of the hedge fund industry were $ 4 trillion at the beginning of 2022. Despite the surge in popularity of relatively low-cost indexed funds, total assets have doubled over the past decade. Successful hedge fund managers earn substantial fees from the management of hedge funds.
Fund managers with solid track records command higher fees. Some hedge fund managers have performed very well and have created and made massive wealth. Hedge funds employ and focus on particular strategies in which they are skilled.
The primary objective of the Masterclass is to explain and discuss the mechanics of several key hedge fund strategies. Some of the strategies that will be covered include:
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Merger arbitrage: hedge funds aim to profit in mergers and acquisition transactions;
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Macroeconomic strategies: these hedge funds aim to capitalise on dramatic changes in interest rates or exchange rates.
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Convertible Arbitrage: hedge funds aim to profit from the embedded price in convertible bonds
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Short Strategies: These strategies encompass a wide range of strategies. These may entail exploiting shorting opportunities of individual stocks or an index such as a housing price index. While potentially lucrative, shorting is very risky. The course will illustrate the methodologies employed by successful short-selling hedge funds.
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Market Neutral Strategies: These include the taking of simultaneous long and short strategies
Several other strategies, including activist funds, will also be discussed. Some of the famous hedge fund successes and dramatic failures will be covered in the course.
Practical examples and exciting case studies will be used to illustrate all strategies. The principles of fund formation for starting a new hedge fund will be presented in addition to key elements of the fee structure.
Outcome and Benefits
The course will lay a strong foundation, enabling delegates to:
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Learn the inner workings of hedge funds illustrated by examples
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Gain an understanding of the various hedge fund strategies and how they make or lose money.
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How hedge fund managers spot opportunities
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How hedge funds use derivatives, erroneously referred to as 'the wild beast of finance'.
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Understand the risks which threaten to undermine the performance of hedge funds
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Discuss why some hedge funds made gigantic profits while others failed dramatically
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Gain insights on the risk management tools applicable to hedge funds
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Discuss the trends in the fee structure of hedge funds
Who Should Attend?
CEOs, CFOs, Corporate Treasurers, and Board Members
Alternative Investment Fund Managers
Limited Partners
CFA, CA, CAIA & CS
Lawyers
Consultants and Advisory Firms
Private Equity and Sovereign
Wealth Fund Managers
Commercial Bankers
Angel and Impact Investing and Fund Managers
Ultra HNI, Private Bankers and Wealth Managers
Investment and Merchant Bankers
Capital Market Regulators
Course Director
Arvind has rubbed shoulders with the world's leading venture capital and private equity funds like KKR, Apax Partners, Carlyle, Sequoia, ACCEL Partners, and many others. Arvind has held a variety of positions, including Head of Capital Markets at the Asian Development Bank, Vice President, Citibank, and Senior Adviser, Citi. He was the President of the Indian Private Equity & Venture Capital Association, reporting to the CEO of KKR in India and to an Executive Committee including leading private equity and venture capital fund managers, such as Carlyle and the Canada Pension Plan.
He has structured and invested in over 30 private equity funds, including venture capital funds. He has worked on funds with LPs such as CalPERS, La Caisse de Depot et Placement du Quebec, the Prudential Insurance Company of America, and other large institutional investors. He has engineered several IPOs and has successfully negotiated an exit of a financial services startup with the CEO of a US-based MNC in New York.
He has promoted corporate governance in many funds, particularly those involving CalPERS. He has played a key role in the creation, structuring, and placement of a nearly $ 1 billion Infrastructure Fund. He has co-invested and partnered with some of the world's largest institutional investors including pension funds and sovereign wealth funds.
Arvind P. Mathur, CFA, FRM, has taught complex financial topics to fund managers and senior executives in Singapore and other countries for the past 12 years, including venture capital, private equity, M&A, valuation, and negotiation techniques. He has delivered a lecture on Asian buyouts at the Harvard Business School and has delivered more than 100 masterclasses in complex financial disciplines such as private equity, venture capital, and term sheet negotiations in several countries. He has also advised a start-up woman entrepreneur under a Goldman Sachs startup program.
Arvind has attended executive management courses at the Columbia School of Business and Cornell University, and an investment management workshop at the Harvard Business School.
Co-Faculty
Raghuveer Nath is a gold medalist (B.A., LL.B.) from Jindal Global Law School and has done his Master's in Law (BCL) from the University of Oxford. He has also completed the Advanced Valuation program at New York University. He has previously worked at Trilegal LLP as an Associate in the M&A and private equity team, where he was involved in deal structuring and conducting corporate due diligence.
He has previously taught M&A and taxation at the Jindal Global Law School. He has more than a decade's experience in investing in the equity and derivative markets and has conducted several workshops on valuation and financial literacy.
Certification Provided by PEPP
