Hedge-funds books

It's not really off-topic, but it would help, I suppose, if you could be more specific about what you're trying to find out and why.

Are you trying to get a job at a hedge fund? Or trying to choose one for your portfolio? Or just trying to get a general understanding of the business?

And, more - what *kind* of hedge fund? There are as many different hedge fund styles as there are mutual fund and investing styles. Some highly leveraged, some actually hedging out certain risks, some making macro economic bets, some doing fixed income arbitrage, etc. etc

Originally hedge fund meant "hedging": two contrary positions that reduce the risk of each other.

Today it just means a fund of less 100 members of high net worth. This means the manager doesnt have to disclose as much investing detail as a regular fund and members can stand the risk.

Hi, sorry for the slow reply. I am a university student and I would like to investigate the hedge funds world for my final work. I already have an overview about them but I would like to enter more in the specific and find out which quantitative models that are used in the hedge funds area. My idea is to pick one of them and either try to develop a model myself or to test an already existing model by using real datas. I am considering "Funds of Hedge Funds" by Greg N.Gregoriou or "Hedge Funds: Quantitative Insights" by François-Serge Lhabitant. Do you know these books? Are they any good? And also, do you have any others to suggest me or any web sites which could be useful?

Thanks in advance!