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Alternative Investments
A Practitioner’s Guide to Alternative Investment Funds

Authors: Timothy Spangler
Editions: City & Financial Publishing
Date: January 2005
 
 
 
Summary
Alternative investment funds come in many shapes and sizes. They invest in a diverse range of asset classes and pursue a myriad of different investment strategies.

However, sufficient structural similarities exist between the different types of alternative investment funds (hedge funds, venture capital funds, buy-out funds, real estate funds and ever more esoteric vehicles) that a general description can be given of how they are established and operated.

As a result of these similarities, regulatory responses to these vehicles tend to be similar in certain fundamental respects as well.

A Practitioner’s Guide to Alternative Investment Funds offers, in an “asset class neutral” way, an examination of the fundamental structuring and operational issues that arise in connection with these funds.

About the author:

Timothy Spangler is a Partner in the Investment Funds Group at Berwin Leighton Paisner, and his clients include Schroders plc, Gulf International Bank (UK) Ltd, Cypress Tree Investment Management Inc and Morgan Stanley Private Wealth Management.

Timothy speaks and writes regularly on issues related to investment funds and alternative asset classes. He is a member of the Regulatory Committee of the City of London Law Society and the Private Investment Fund Committee of the Association of the Bar of the City of New York.

Timothy is a Research Associate at EDHEC-Risk Institute, where he is a regular contributor on European Hedge Fund Regulation for the centre’s web site.