Product Description
When Lehman Brothers collapsed in the fall of 2008, hedge funds using Lehman as a prime broker found themselves unable to withdraw assets and many were forced to close. The dangers inherent in prime finance—the business relationship between prime brokers and their clients, namely hedge funds—increase the likelihood of widespread financial collapse. When Prime Brokers Fail is a detailed look at the relationship between hedge funds and their brokerages and the risks multiplied in extraordinary markets. This relationship has been the source of unexpected risk for banks lending to highly leveraged funds, as well as funds with assets at struggling banks…. More >>
When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry
Posts Tagged ‘Banks’
When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry
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An Introduction to Investment Banks, Hedge Funds, and Private Equity: The New Paradigm
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Product Description
This description of the symbiotic relationships among investment banks, hedge funds, and private equity firms shows students how firms simultaneously compete and cooperate. The author has captured the ways these firms are reinventing themselves in the post-crash regulatory environment and, through ten extensive cases, the ways in which they are increasing their power and influence.
Emphasizes the needs for capital, sources of capital, and the process of getting capital to those who need it.
Integrates into the chapters ten cases about recent transactions, along with case notes and questions
Accompanies cases with spreadsheets for readers to create their o… More >>
An Introduction to Investment Banks, Hedge Funds, and Private Equity: The New Paradigm