Despite public interest, alternative investment vehicles such as private equity and hedge funds remain elusive. Both have always had a unique position in the market, designed as they are to function outside of the rules that govern other financial organizations. Spangler explores how the structures of alternative investment funds enable them to adapt and react to global financial conditions. He helps you understand how private equity and hedge funds operate, drive economic growth, and have become essential vehicles for investment for both public and private sectors the world over.