The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives Review

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The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives ReviewI'm looking at this book as someone outside of finance looking to get in.
Pros:
Emphasizes creation of marketing materials. Talks about topics to mention specifically in marketing--very helpful.
New insight: Focus on selling process, trust, risk management (especially) and infrastructure rather than returns
Author has extra videos online that extend book topics, free discounts on related services. Author is well intentioned.
Really liked that he included a standard due diligence questionnaire
Cons:
Points made are often basic (emphasize unique selling proposition, positive thinking), rather than specific - Leaves out prime brokers & cap intro, soft dollars, legal & compliance issues (3c1vs 3c7, accredited vs qualified, etc.), historic context (Dodd-Frank legislation impact, rise of high frequency) & industry landscape (funds vs fund of funds, institutions vs family offices etc).
Author comes off as obsequious in the interviews when he always agrees with subjects. Too many interviews with service providers, not enough with name brand hedge fund managers. Study questions seem silly for a non-academic book.The Hedge Fund Book: A Training Manual for Professionals and Capital-Raising Executives Overview

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