Hedge Funds case studies, worked step by step

Cases
100
Traced to a firm
31
Topics
13
Hard
30
Topic
All topicsCredit, distressed and capital structure7Earnings, models and KPIs8Event-driven and merger arbitrage7Fund economics, NAV and LP decisions8Global macro trades7Long pitches and valuation14Manager evaluation and attribution7Pairs and relative value5Portfolio construction and sizing7Risk limits and drawdowns7Short selling6Systematic research and data11Volatility, options and convertibles6
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–3 of 3 · filtered from 100Clear filters
  1. 004Varsana Asset Management runs Rs 5,000 crore at 1.5 and 15, with Rs 60 crore of annual costs. What does the manager earn at gross returns of 0%, 10% and 20%, and at what AUM does it break even in a flat year?Fund economics, NAV and LP decisionsCoreFund of funds and allocators
  2. 042Talvir Capital charges a 20% performance fee over an 8% hurdle. At a gross return of 12% on Rs 1,000 crore, what fee does it earn under a hard hurdle and under a soft hurdle with full catch-up?Fund economics, NAV and LP decisionsCoreFund of funds and allocators
  3. 091The Cendra Absolute Return Fund manages Rs 2,000 crore. Investors ask to redeem 30%, but a 20% quarterly gate applies. 60% of the book can be sold in five days and the rest takes a month. How do you meet the redemptions, and what does the gate protect?Fund economics, NAV and LP decisionsCoreFund of funds and allocators

Company names and figures are illustrative.