This second edition, outlining key trends in the global hedge fund industry and published in conjunction with the International Bar Association (IBA), has been updated reflecting the complexity of the markets following the implementation of transparency and application of new technologies.

This second edition, outlining key trends in the global hedge fund industry, has been updated reflecting the complexity of the markets following the implementation of transparency and application of new technologies. It reviews latest structuring and governance models, as well as operational, litigation, enforcement and key regulatory initiatives in the European Union and United States. It also features an in-depth analysis of the law and regulation of hedge funds in a number of leading jurisdictions. Each country chapter follows a detailed template for ease of reference for the reader.