"What explains the wide dispersion of hedge fund returns, even within particular strategies? One factor that has attracted surprisingly little attention is the quality of hedge fund governance. Addressing this important gap, Scharfman's deep analysis should be of substantial interest for investors, regulators, service providers and academics alike."  --Peter Cornelius, AlpInvest Partners "Finally!  This book has been long anticipated because of its key focus on corporate governance in the hedge fund industry.  Its new and creative approach will no doubt attract money managers, institutional investors, accountants, family offices, lawyers, pension funds and many others.  Jason Scharfman has filled that gap in the hedge fund industry, and his book will be the leading study of hedge fund governance."  --Greg N. Gregoriou, State University of New York "Jason Scharfman has written an authoritative guide to corporate governance in the hedge fund industry. Hedge Fund Governance is comprehensive and analytical, but is written in a conversational and accessible tone from an intensely practical perspective, complete with checklists and advice about risk management and compliance as well as excerpts from candid interviews with informed practitioners.

It will be useful to just about any participant in the hedge fund industry, including investors, regulators, lawyers, risk managers, and hedge fund employees at all levels."  --Frank Partnoy,  University of San Diego.