Description

A new edition of this revealing and incisive account of the incredible inside workings of hedge funds. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of Holte Capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to discuss.

 

Table of Contents

Acknowledgements

About the second edition

Introduction

Part 1            Getting ready for Holte Capital

1                    Becoming a hedgie

2                   Taking the plunge

3                    Starting a hedge fund

4                     On the road

5                     Limping to launch

 

Part 2              Becoming the real deal

6                     Mickey Mouse fund

7                     Breaking through

8                     Scaling up and meeting the Godfather

9                     The real deal

10                   Being corporate

11                   Activist investor

12                   A day in the life

 

Part 3               On the front line

13                   Getting fully examined

14                   Blood in the streets

15                   Edge

16                   Made it?

17                   Friends and competition

18                   Making your commissions count

19                   Are we worth it?

 

Part 4               The fast road down

20                   Feeling grim

21                   A bad day

22                   A bad run

23                   Going home

24                   Rethinking Holte Capital

 

Beyond hedge funds - por

Back Cover

“In a world where few understand their complexities, Money Mavericks provides a compelling and accurate insight into the secretive workings of a hedge fund.”

Tets Ishikawa, author of How I Caused the Credit Crunch

 

“I read this book cover to cover, and enjoyed every bit of it. The hedge fund industry is not known for its modesty, yet this book is not only full of fascinating information but is refreshing in this respect as well.”

Andrei Shleifer, Professor of Economics, Harvard University

 

“Without sensationalising, Lars tells it like it is – a no-holds-barred, warts-and-all account of what it’s like to try and set up and run a hedge fund.”

Neil Wilson, editor, Eurohedge

 

“A compelling and demystifying chronicle of hedge funds, and of hedge fund managers.  Lars’ experience is by no means novel in the industry, but his perspective most certainly is.”

Drew Dickson, Managing Partner, Dickson Capital Management

 

Some call them ‘grotesque’, others as ‘absolutely crazy bodies’, and still more refer to them as ‘hellish’: hedge fund managers are stealthy, wealthy and tend to avoid the spotlight. But is this fair?  

Read on to find out.

 

 

Author

Lars Kroijer was the CEO of Holte Capital Ltd, a London-based special situations hedge fund which he founded in 2002 before returning external capital in the spring of 2008. Prior to establishing Holte Capital, Lars served in the London office of HBK Investments. In addition, he previously worked at SC Fundamental and the investment banking division of Lazard Freres in New York. Lars graduated Magna Cum Laude from Harvard University and received a MBA from Harvard Business School.

Reader Review(s)

"The book is entertaining, informative, and easy to read thanks to the author’s self-deprecating, down-to-earth and lucid writing style. Lars Kroijer applies a birth-to-death of business narrative account and thankfully manages to find the right balance between providing anecdotes which inform on the culture, value chain, overall economics and societal value of the industry".

 

FT Advisor