Alternative Investments I: Principles & Strategies

(3 Credits)

This course provides both a theoretical and practical look into the world of managing alternative investments, in particular, hedge funds. The course is organized from the perspective of an asset manager (e.g. pension fund, endowment, family office, fund of funds, etc.) having to choose amongst a cross-section of hedge funds. Students are introduced to the dimensions and institutional features of the hedge fund sector, and then proceed to study how various classic hedge fund strategies are executed, including advanced quantitative strategies. Performance evaluation, risk management, and due diligence in the formation and execution of strategies are also covered.