Insights & Analysis
THE ALTERNATIVE FORTUNE LIBRARY
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Special Situations Investing: Spin-offs, Restructurings & Corporate Events
Special situations investing explained: how spin-offs, restructurings and corporate events create mispricings, why they happen, and how to trade them.
Activist Investing: How Hedge Funds Force Change & Create Value
Activist investing explained: how hedge funds build stakes, push for spin-offs and buybacks, drive catalysts, and where the real risks and returns lie.
Event-Driven Strategy Performance: Returns, Benchmarks & Market Cycle Behaviour
Event-driven hedge fund returns are a bet on the M&A cycle, not the stock market. What the data on merger arb, distressed and special situations shows.
What Are Multi-Strategy Hedge Funds? How the Pod Structure Works
What multi-strategy hedge funds are and how the pod structure works: capital allocation, tight risk limits, pass-through fees and leverage explained.
Largest Multi-Strategy Hedge Funds: Top Firms Ranked by AUM
The largest multi-strategy hedge funds ranked by AUM, with as-of dates, leverage notes and flagship funds. Figures move, so verify before you rely on them.
Best Multi-Strategy Hedge Funds: How to Evaluate Top Managers
How to judge the best multi-strategy hedge funds: the risk, capacity and fee tests that separate top pod-shop managers, scored across the big names.
Multi-Strategy Hedge Fund Performance: Returns, Benchmarks & Risk Metrics
Multi-strategy hedge fund performance, in numbers: HFRI returns, Citadel, Millennium and Point72 records, and the Sharpe and drawdown data that explain the appeal.
What is a BDC in private credit, and how BDCs give investors access
What a BDC is, how business development companies give US investors a listed door into private credit, the wrappers a non-US investor buys instead (LTAF, ELTIF, UCITS, listed debt trusts), and why listed versus non-traded is the choice that matters.
Direct Lending vs Private Credit: What’s the Difference?
Private credit explained: learn how it works, direct lending vs private credit, and what drives returns, fees, liquidity, and risks for investors.
What Is Asset-Based Lending? Definition, Structure and How It Works
Asset-based lending explained: what a borrowing base is, the advance rates lenders apply to receivables, inventory and equipment, and how ABL differs from cash-flow lending.
Asset-Based Lending Rates, Terms and Process: What Borrowers Should Expect
Asset-based lending rates go far beyond the SOFR margin. Here is how advance rates, fees, the borrowing base and cash dominion set the real cost.
Asset-Based Lending vs Cash Flow Lending: Which Structure Suits Which Borrower?
Asset-based lending vs cash flow lending: what each underwrites, advance rates against leverage multiples, covenants, pricing, and which borrower each suits.
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