Introduction to Alternative Investments Funds

Delegates: New and existing staff working with
alternative investments funds

Topics covered include:

• Definition of an alternative investments fund
• History of alternative investments funds
• Key characteristics of alternative investments funds
• Techniques used e.g. short selling, leverage etc.
• Incentive/performance fees
• Performance compared with market
• Role of investment manager/advisor
• Frequency of trading
• Alternative investments fund classification
• Counterparties to an alternative investments fund
• Irish alternative investments funds - IFSRA regulation
  of Prime Brokers
• Accounting for alternative investments funds – areas
  of note

Performance Fees

Delegates: Staff working in valuations, fund
accounting, trustee & shareholder services
roles.

Topics covered include:

• Introduction to terminology used
• Fund & Shareholder level fees
• Equalisation
• Series of shares
• Performance fee redemptions
• Performance fee issues
• Use of prospectus/offering document
• Interim & partial redemptions
• Deferral of performance fee

Overview of Alternative Investment Strategies

Delegates: Staff working in valuations, fund
accounting & trustee roles

Topics covered include:

• Introduction & background to alternative investments funds
• Strategies employed and securities used
  – Long/Short
  – Event-driven
  – Merger arbitrage
  – Equity risk arbitrage/Statistical arbitrage
  – Quantitative equity arbitrage
  – Convertible arbitrage
  – Market Neutral
  – Market neutral arbitrage
  – Fixed Income
  – High yield/Income
  – Distressed debt
  – Fixed Income arbitrage
  – Macro
  – Global Macro
  – Emerging markets
  – Aggressive Growth
  – Multi-strategy
  – Managed Futures & Forwards

Our Course Methodology