A pioneering reference essential in any financial library, the Encyclopedia of Alternative Investments is the most authoritative source on alternative investments for students, researchers, and practitioners in this area. Containing 545 entries, the encyclopedia focuses on hedge funds, managed futures, commodities, and venture capital. It features contributions from well-known, respected academics and professionals from around the world. More than a glossary, the book includes academic references for money managers and investors who want to understand the jargon and delve into the definitions.
About the Editor
Greg N. Gregoriou, Ph.D., is Professor of Finance in the School of Business and Economics at the State University of New York, Plattsburgh, USA. A prolific author, Dr. Gregoriou is hedge fund editor of the Journal of Derivatives and Hedge Funds as well as an editorial board member of the Journal of Wealth Management and the Journal of Risk Management in Financial Institutions. His research primarily focuses on hedge funds and managed futures.
Absolute Return Absolute Return Index Acceleration Accredited Investor Active Premium Activists Aftermarket Aftermarket Orders Aftermarket Performance Agency Problem Aggregation Agricultural Trade Option Merchant Allowances Alpha Alternative Asset Alternative Asset Class Alternative Betas Alternative Alpha Alternative Investment strategies Angel Financing Angel Groups Angel Investor Annualized Compound Return Annualized Standard Deviation Approved Delivery Facility Arbitrage Arbitration Archangel Artificial Price Asset Allocation Asset-Based Style Factors Asset-Weighted Index Assignment Associated Person At-the-Money Option Attrition Rates Average Gain (Gain Mean) Average Return Backfilling Bias Back Pricing Backwardation Basis Basis Grade Basis Swap Beauty Contest Benchmark Beta Bid-ask Spread Block trade Bonds (overview of types) Bookbuilding Booking the Basis Bottom-Up Investing Bridge Financing Bridge Loan BTOP 50 Index Bucketing Buyer's Market Calendar Report Call Option Calmar Ratio Cancellation Capital Call Capital Commitment Capital Distribution Capital Structure Arbitrage Carried Interest Carrying Charge Carve-Out Cash Commodity Cash Market Cash Settlement Cash Settlement (An Example) CDO Certification Chinese Wall CISDM Indexes Clawback Clearing Members Clearing Organization Clearing Price Closing Coefficient of Determination Coffee Market Committed Capital Commodity Credit Corporation (CCC) Commodity Exchange Act Commodity Futures Indices: Spot, Excess, and Total Return Commodity Futures Trading Commission Commodity-Linked Bond Commodity Option Commodity Pool Commodity Pool Operator (CPO) Commodity Price Index Commodity Research Bureau (CRB) Commodity Trading Advisor Companion Fund Conditional Value at Risk (CVaR) Contract Grades Contract Month Contract size Contango Core Principle Commodity Futures Modernization Act of 2000 Commodity Swap Commodity Trading Advisors (CTA) Community Development Venture Capital Company Buy-Back Confirmation Statement Contract Market Convergence Conversion Factors Convertible Arbitrage Corn Market Cornish-Fisher Value-at-Risk for Portfolio Optimization Cornish-Fisher Value-at-Risk Corporate Structure Arbitrage Corporate Venture Capital Correlation Coefficient Cost of Tender Cost, Insurance and Freight (CIF) Cotton Market Counterparty Risk Covenants Covenants (Venture Capital and Private Equity Context) Covenants (in Loans or Securities Issues) Covered Option Crack Spread CRB Reuters Credit Default Swap Cross-Hedge Cross-Trading Crude Oil Market CSFB Tremont Hedge Fund Index Curb Trading Currency Classification Deal Flow Deferred Delivery Month Deferred Futures Deliverable Grades Delivery Date Delivery Instrument Delivery Notice Delivery Point Demand Rights Derivatives Transaction Execution Facility (DTEF) Designated Contract Market Designated Self-Regulatory Organization Direct Public Offering Directional Discretionary Account Discretionary CTA Discretionary Trading Distressed Debt Distressed Securities Diversified Classification Double Hedging Dow Jones AIG Commodity Index Down Capture Ratio Down Round Downside Deviation Drag Along Right Drawdown Due Diligence Dutch Auction Dynamic Asset Allocation Early Redemption Policy Early Stage Finance Economically Deliverable Supply EDHEC Alternative Indexes EDHEC CTA Global Index Eligible Contract Participant Enumerated Agricultural Commodities Equally Weighted Index Equal Weighted Strategies Index Equity Hedge Equity Market Neutral Event Driven Evergreen Fund Excluded Commodities Exempt Commodities Exercise option Exercise Price Exit Strategy Expiration Date Extrinsic Value Factor Models Fallen angel Fast Market Feed Ratio Filing Range Final Prospectus Financing Round Firm Commitment First Notice Day First Stage Financing First Time Fund Five Against Note Spread (FAN Spread) Fixed Income Arbitrage Flipping Float Floor Broker Floor Trader Follow-on funding Forward contracts Forward Market Forward Volatility Agreement Free on Board (FOB) Fundamental Analysis Fundraising Funds of Funds Fungibility Futures Futures Commission Merchant Futures Contract Futures Industry Association Gain Standard Deviation Gain to Loss ratio Gate Gatekeeper General Partner Contribution/Commitment Generalized Treynor Ratio German Entrepreneurial Index Global Hedge Fund Index Global Macro Goldman Sachs Commodity Index Grandstanding Problem Grain Futures Act Greenshoe Greenshoe Option Gross Spread Guaranteed Introducing Broker Hedge Hedge Fund Hedge Fund Replication Hedge Ratio Hedging HFRI Fund Weighted Composite Index HFRI Convertible Arbitrage Index HFRI Distressed Index High Watermark High Net Worth Individual Higher Moments Hurdle Rate Implied Volatility Incentive Fee Incubator Independent Introducing Broker Information Ratio Initial Public Offering Institutional Buy Out Intangibles Company Investable Hedge Fund Indexes IPO Action Track IPO Price IPO Sentiment Index IPOX Intercommodity Spread Inter-delivery Spread Interest Rate Swap Internal Rate of Return (IRR) In The Money options Intrinsic Value Introducing Broker IPO-Sentiment Index Jensen Alpha Jones Model Kurtosis Large Order Execution Procedures Last Notice Day Last Trading Day Lead investor Lead manager Lead Underwriter Leverage Leveraged Buy Outs Licensed Warehouse Life of Contract Limit Limited Partners Limited Partnership LLC Liquid Markets Liquidate Live Hogs Market Lock-Up Lock-Up Period Long Position Long Short Equity Long the Basis Look-back Straddle Losing Streak Loss Standard Deviation Managed Funds Managed Funds Association (MFA) Management Buy-In Management Buy-Out Management Fee Manager Skill Many-to-Many Margin Maintenance Margin Managed Account Managed Account Platforms Margin Call Market Neutral Mark-to-Market Market Order Market Timing Strategy Maximum Drawdown Maximum Price Fluctuation Merger Arbitrage Mezzanine Financing Minimum Acceptable Return Minimum Price Fluctuation Modern Portfolio Theory Modified Jones Model Modified Sharpe Ratio Modified Value-at-Risk Mortgage-Backed Securities (MBS) Mount Lucas Management Index Multi-Manager Hedge Fund Multi-Strategy Fund Municipals Over Bonds Spread (MOB Spread) Naked Options National Futures Association National Introducing Brokers Association (NIBA) Natural Gas Net Asset Value (NAV) Nearby Delivery Month Net Long Non-Directional Notice of Intent to Deliver Notional Principal Offering Date Offering Memorandum Offering Price Offering Range Offset Offshore Fund Offshore Jurisdiction Offshore Tax Haven Omega Omnibus Account One-to-Many Open Interest Open Outcry Open Trade Equity Opening Premium Opening Range Opportunistic Optimization Option Buyer Option Contract Option Premium Options Option Seller Order Book Out-of-the-Money Option Overallotment Out Trade Overbought Overpricing Oversold Oversubscribed Over The Counter Market (OTC) Ownership Buyout (OBO) Pairs Trading Par Participating Underwriters Pearson Correlation Coefficient Peer Group Based Style Factors Penalty Bid Performance Fee Performance Persistence Piggyback Registration Pipeline Pit Pooled Fund Position Limit Position Trader Post-Money Valuation Postponement Prearranged Trading Preliminary Prospectus Premium Pre-Money Valuation Price Discovery Price Limit Price Range Prime Broker Principal Principal Shareholder Private Placement Privately Held Price Basing Price Revision Private Equity Projection Prospectus Public Commodity Funds Public Market Equivalent (PME) Public Offering Public to Private Public Venture Capital Put Option Pyramiding Qualified Investor Quiet Filing Quiet Period Ranking Ratchets Real Option Approach Recap Buyout Recapitalisation Red Herring Redemption Period Registration Statement Regulation D Fund Regulation D Offering Relative Value Arbitrage Reportable Position Reporting Guidelines Return-Based Style Factors (Reverse) Crush Spread Reverse Leveraged Buyout Right of First Refusal Risk Arbitrage Roadshow Rogers International Commodities Index (RICI) Roll-Up Round turn Rules (NFA) Sample Grade Scalper Seasoned Equity Offering (SEO) Second Stage Financing Secondaries Secondary Action Track Secondary Buy-Out Secondary Market Secondary Offering Sector Breakdown Sector Strategy Security Future Seed Capital Seed Money Seed Stage Financing Segregated Account Selection Bias Self-Regulatory Organization Self Selection Bias Seller's Market Selling Group Selling Concession Selling Shareholder Semi-Deviation Settlement Date Settlement Price Shelf Filing Short Exposure Short Position Short Selling Strategy Short Squeeze Short the Basis Single Strategy Fund Single Strategy Funds of Funds Skewness Sliding Fee Scale Social Entrepreneurship Social Venture Capital Soft Commodities Soft Dollars Sortino Ratio Soybean Market Speculator Spin Off Spot Spot Commodity Spot Contract Spot Month Spreading Staging Stale Pricing Standard Error Statistical Arbitrage Sterling Ratio Stress Testing Stressed Markets Strike Price Strong Hands Structured Products Style Analysis Survivorship Bias Swap Sweat Equity Style Drift Syndicate Syndicate Bid Syndicate Manager Syndicated Sale Syndication Systematic CTA Systematic Trading Synthetic Future Takedown Technical Analysis Tender Offer Term Sheet Thirs Stage Financing Tick Time Value To-Arrive Contract Tombstone Top-Down Investing Tracking Error Tranche Transparency Trend Following Treynor Ratio Turnaround Uncovered Options Underlying Commodity Underlying Futures Contract Underpricing Underwriter Underwriting Spread Unseasoned Equity Offering Up Capture Ratio US Equity Hedge Valuation Guidelines Value Added Monthly Index Value-at-Risk Variance Swap Venture Capital Venture Capital Financing Venture Capitalist Venture Capital Method Venture Factoring Venture Leasing Venture Philanthropy Venture Valuation VIX Volatility Warehouse Receipt Weather Premium White label Withdrawn Offering