Managing Hedge Fund Risk from the Seat of the Practitioner: Views from Investors, Hedge Funds and Counterparties

An expansive volume which addresses key hedge fund risk management issues with rigor

*A highly accessible primer on hedge fund risk illustrated with practical examples

*Analyses recent developments in risk management research

*Provides quality information for risk managers within different types of investment structures, eg, investment banks, funds of funds, family offices, asset management firms, pension funds, endowments and foundations, and consultancies

*Contributions from leading practitioners with considerable expertise in their areas, drawn from, among others, AIG, Balfour Capital, Calpers, C-View, Evaluation Associates, Forest Investment Management, NetRisk and academia

*Essential reading for investment bankers, allocators, dealers, counterparties, prime brokers, institutions, private investors, corporate plan sponsors and consultants

Virginia Reynolds Parker is the founder and president of Parker Global Strategies. Ms Parker has expertise in both traditional and alternative investment strategies, combined with a strong background in currency risk and returns, independent risk measurement and management of multi-manager hedge fund portfolios and principal protection guarantees. She is well known for developing industry-recognised performance benchmarks for foreign exchange and fixed income trading. Her research is widely published and she is a frequent speaker at industry conferences.

From 1988 until 1995, Ms Parker was managing director and director of research and risk management at Ferrell Capital Management, where she guided the firm's portfolio structuring, asset allocation strategies, new product development and risk management. While at Ferrell, Ms Parker developed the Ferrell FX Index. She purchased the Index in July 1997.

Previously, she was the chief investment officer for a family office. Ms Parker earned an AB in economics and political science from Duke University. She is registered as an Associated Person with the National Futures Association and as a Direct Participation Principal with the NASD.