Hedge Fund Operations: Introdcution, Example of Hedge Funds

In this article, we will explain the Hedge Fund Operations. All topics, examples, introductions, steps and processes involved in Hedge Fund Operations and Lifecycle are explained:
Hedge Fund Participants:

-- Types of Hedge Funds: Covering all kinds of Hedge Funds and the market participants according to the Hedge Fund

-- Sell-side firms: Basically the market makers in the Hedge Fund industry

-- Administrators: Hedge Fund monitoring

-- Prime Brokers: Who offer brokerage services for Hedge Fund traders

-- Custodians: Offers Custodian services

Hedge Fund Portfolio Management:

-- Positions & Balances within Hedge Fund

-- Indications of Interest: Since Hedge Funds may take a directional view, the interest is of prime importance

-- Pricing / Valuation of Hedge Fund

-- Order Management of Hedge Fund

Hedge Fund Order ? Execution ? Trade: Process of how the order is placed, executed, traded and finally settled

-- Marketplaces

-- Notice of Executions

-- Order versus Executions balancing

-- Average price trades

-- "Done Away" trades

-- Trade Allocation

Hedge Fund Trade Matching, Allocation, Affirmation:

-- Confirmation / Affirmation

-- Resolving exceptions

Hedge Fund Settlement Reporting:

-- Exchange of Value

-- Flow of Information

-- Typical Problems

Hedge Fund Asset Servicing:

-- Income Collection

-- Corporate Actions

-- Valuation

-- Reconciliation

-- Tax Lot Accounting

-- Reporting to Partners & Investors

Hedge Fund Oversight:

-- SEC registration

-- Exemption

-- Offshore regulations

-- Compliance Manual

Emerging Trends in Hedge Fund Industry:

-- IOSCO Recommendations

-- Best Practices

-- Technology

-- Critical Metrics