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 1–2 of 2 · filtered from 100Clear filters
  1. 045Oruvel Capital has five ideas with expected alphas of 6%, 8%, 4%, 10% and 5% and volatilities of 25%, 40%, 20%, 50% and 30%. Size each in proportion to alpha divided by variance, with a cap of 8% of NAV. What is the ranking and where does the cap bind?Portfolio construction and sizingHardMulti-manager platformsLong-short equity funds
  2. 095Zorvek Defence has no listed peer. Its returns regress on the market with a beta of 0.9 and on a capital goods basket with a beta of 0.6, with an R-squared of 45%. You are long Rs 20 crore. How do you hedge it, and how much risk is left?Portfolio construction and sizingHardBalyasny Asset ManagementNew York · 2026

Company names and figures are illustrative.