Proliferating in good times while seeking to mitigate risks, alternative investments are an increasingly popular vehicle in the world economy. Given the complexity of their strategies, it should be no surprise that the management strategies of these firms can also seem confusing, resulting, in turn, in complications and pitfalls for the appraiser tasked with their valuation. Indeed, we've heard much about the compensation schemes for hedge fund and private equity managers through the years, as we have of recessions proving their investment strategies wrong. In Valuing Alternative Investment Management Companies: Private Equity and Hedge Funds, expert appraisers Jay Fishman and Scott Nammacher join BVR for a thorough examination of the valuation challenges inherent in this growing sector of our economy. The latest installment in BVR's Industry Spotlight Series, this presentation will highlight what every appraiser should know when approaching the valuation of such firms.