Alternative Investments
One Step Ahead: Private Equity and Hedge Funds After the Global Financial Crisis

Authors: Timothy Spangler
Editions: Oneworld Publications
Pages: 352 pages
Date: September 2013
One Step Ahead is the essential guide to understanding how private equity and hedge funds actually work, from start-ups to complex global firms, and the impact of their investments in both public and private markets around the world.

In this accessible and timely study, Timothy Spangler - author of the award-winning Forbes.com blog and Twitter feed "Law of the Market" - explores how the structures of alternative investment funds enable them to adapt and react to global financial conditions. From the inefficacy of the Occupy Movement to the 2013 purchase of Hostess Brands by a private equity firm, Spangler's arguments are topical and relevant to the general reader.

He adeptly avoids partisan political grandstanding, instead offering a practical, jargon-free style that will be familiar to readers of Michael Lewis and Thomas Friedman.

About the Author:

Timothy Spangler is a Forbes.com contributor and writes the award-winning blog Law of the Market. He spent two decades working on Wall Street and in the City of London, and is currently an Adjunct Professor of Law at UCLA School of Law and a Visiting Lecturer at University College Londonís Faculty of Law. He regularly appears as a commentator on CNN, CNBC, BBC, and Sky News. He is a Research Associate at EDHEC-Risk Institute.

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