|  BASICS | 
							
							  | For those of you who are new to hedge funds, here are the basics. . . . 
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		| Akin Gump's Hedge Funds FAQ's                                                                                                                                                                                                                                  
		Akin, Gump, Strauss, Hauer &
Feld, L.L.P.
August, 2000
By Eliot D. Raffkind (eraffk more....
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		| Mutual Funds vs. Hedge Funds -- the differences:                                                                                                                                                                                                               
		Mutual funds are operated by investment companies, regulated by the SEC, the IRS and o more....
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		| Hedge Funds and Mutual Funds: Some Further Thoughts                                                                                                                                                                                                            
		Why should investors be interested in what hedge funds are doing given
that the average i more....
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		| Definition of Hedge Funds                                                                                                                                                                                                                                      
		A hedge fund is a private investment limited partnership that invests in a variety of secu more....
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		| Domestic and Offshore Hedge Funds                                                                                                                                                                                                                              
		The following is a broad summary of the rules governing hedge funds. It is not intended more....
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		| Where hedge funds fit into the market ecosystem                                                                                                                                                                                                                
		Model 1: The Ecology of Markets
A System Diagram of the Major Market Relations.  more....
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		| Classifying Hedge Funds by Risk                                                                                                                                                                                                                                
		This chart illustrates a general classification of risk in relation to hedge fund styles.  more....
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		| Strategies ... Definitions                                                                                                                                                                                                                                     
		Convertible Arbitrage: An investment strategy that is long convertible securities ( more....
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		| What is a fund of funds?                                                                                                                                                                                                                                       
		Simply put, a fund of funds is a one that invests in other hedge funds. By it's very natur more....
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		| Strategies ... Hedging Techniques                                                                                                                                                                                                                              
		With all this talk of hedging, it might help to provide a definition of what is meant so t more....
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		| Hedge Fund Accounting Basics                                                                                                                                                                                                                                   
		NOTE: Do not act on any of this information without contacting an attorney, accountant  more....
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		| The Dawn Of A New Era On Hedge Funds                                                                                                                                                                                                                           
		A new era is dawning on hedge funds in the wake of Long-Term Capital Management (LTCM) whe more....
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