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Alternative Market Briefing

ex-Carlyle Blue-Wave fund manager Keith McCullough releases "Diary of a Hedge Fund Manager"

Monday, February 22, 2010

From Kirsten Bischoff, Opalesque New York:

“Diary of a Hedge Fund Manager” is an entertaining book that, if judged by its title might lead the average person to think that they are about to embark on a whirlwind adventure of high stakes trading, New York nightlife, Hamptons mansions, drugs and supermodels. Instead, it reaffirms what those in the industry know (and what the NY Post is loathe for the masses to figure out), most hedge fund employees are very hard working individuals, who’s evening hours are more likely spent obsessing over the previous day’s activities, tweaking computer models, or catching up on much needed sleep (to allow them to get back in the office at the crack of dawn).

A career… So unfolds most of the days in the life of Keith McCullough, who, along with Rich Blake authored the book that follows McCullough’s journey from his youth in the hockey leagues of Canada to college at Yale, then into the financial markets and finally a place in the hedge fund industry.

McCullough’s story is an enjoyable read for anyone who has made (or is still making) their way through the world of hedge funds. Conversational in tone, and just as fast paced as the day-to-day pace that most hedge funders experience, McCullough’s entry into hedge funds coincided with a time of enormous asset growth and gives readers both an up close and personal, and a bird’s eye view of an industry just as it exploded in popularity.

A memo… Th......................

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