Hedge Funds

The Hedge Fund industry has grown to over 3 trillion USD in assets under management yet research on investment strategies and portfolio benefits related to hedge funds has lagged this growth. The deficit is largely due to low-quality data on funds because of limited public disclosure requirements. IPC works with industry partners to expand the breadth and depth of hedge fund data available to academic researchers.

Latest Hedge Funds Research

Hedge Funds as Investors of Last Resort?

November 13, 2016

Working Paper

Hedge funds have become important investors in public companies raising equity privately. More

Hedge Fund Activists: Do They Take Cues from Institutional Exit?

August 27, 2016

This paper investigates the role of institutional trading in the emergence of hedge fund activism – an important governance device associated with large improvements in the performance and governance of target firms. More

Governance under the Gun: Spillover Effects of Hedge Fund Activism

November 19, 2013

Working Paper

Hedge fund activism is an important monitoring mechanism associated with substantial improvements in the governance and performance of targets. More

Who We Are

Greg Brown

Research Director, IPC; Professor of Finance, Sarah Graham Kenan Distinguished Scholar, University of North Carolina, Kenan-Flagler Business School

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Nick Gantchev

Assistant Professor of Finance, Cox School of Business at Southern Methodist University

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Eric Ghysels

Edward Bernstein Distinguished Professor of Economics; Adjunct Professor of Finance, University of North Carolina, Kenan-Flagler Business School

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John Hand

H. Allen Andrew Distinguished Professor, University of North Carolina, Kenan-Flagler Business School

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Paige Ouimet

Assistant Professor of Finance, University of North Carolina, Kenan-Flagler Business School

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Adam Reed

Julian Price Scholar in Finance and Associate Professor of Finance, University of North Carolina, Kenan-Flagler Business School

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