Praise for Hedge Funds "This book couldn’t be more timely! With continued turmoil in the world economy and a prolonged equity bear market, investors want to understand the role hedge funds should play in their investment strategy. Hedge Funds helps demystify many of the ‘secrets’ of hedge funds and gives investment consultants and investors alike valuable perspective on how hedge funds work, how they are regulated, their risk/return profiles, and the role they should play in an investment portfolio." –J. Richard Joyner Partner, Ernst & Young LLP "An excellent resource for the advisor who is interested in hedge funds for his/her clients." –Phillip N. Maisano Chairman and CEO, Evaluation Associates