Hedge Funds - Locusts or Bees?

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Hedge Funds: Locusts or Bees? Literature Review Within the scope of the study program General Management (B.Sc.) EBS Oestrich-Winkel Universität für Wirtschaft und Recht Prof. Ulrich Hommel, PhD Summer Semester 2013 Submitted on: By: Kati Witte-Eilert From: Völksen TABLE OF CONTENTS LIST OF ABBREVIATIONS ............................................................................................................................ 3 1. INTRODUCTION .......................................................................................................................................... 4 2. DEFINITIONS OF KEY CONCEPTS .......................................................................................................... 6 2.1. HEDGE FUNDS ............................................................................................................................................................. 6 2.2. HEDGE FUNDS – CHARACTERISTICS ....................................................................................................................... 7 2.2.1. Hedge Fund Strategies ..................................................................................................................................... 9 2.2.2. Involved Parties ................................................................................................................................................... 9 2.3. PRIVATE EQUITY ...................................................................................................................................................... 10 2.4. COMPARISON OF HEDGE FUNDS AND PRIVATE EQUITY

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