This guide covers everything you need to know about managing a hedge fund, from trading strategies to regulations. It discusses the importance of measuring performance, managing risks, and understanding different hedge fund strategies like equity, fixed-income, and global macro. The book also delves into specific tactics such as risk arbitrage, distressed investing, and event-driven strategies. Additionally, it explores the intricacies of offshore funds, structured products, and mutual fund market-timing. Whether you're starting a hedge fund or looking to enhance your existing knowledge, this comprehensive guide provides valuable insights into the world of hedge fund management.