Available now in a fully revised and updated second edition, Managing Hedge Fund Risk is the market-leading guide on risk for the hedge fund industry. A highly accessible primer on hedge fund risk illustrated with practical examples. Analyses recent developments in risk management research. Provides quality information for risk managers within different types of investment structures, e.g. investment banks, funds of funds, family offices, asset management firms, pension funds, endowments and foundations, and consultancies. Contributions from leading practitioners with considerable expertise in their areas, drawn from, among others, AIG, Balfour Capital, Calpers, C-View, Evaluation Associates, Forest Investment Management, NetRisk and academia Essential reading for investment bankers, allocators, dealers, counterparties, prime brokers, institutions, private investors, corporate plan sponsors and consultants.