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    Pine Street Capital Case

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    | Pine Street Capital | | | FINA5290 Derivatives Analysiss Individual Assignment 1. What is a hedge fund? How do hedge funds differ from mutual funds? Hedge funds are investment vehicles that explicitly pursue absolute returns on their underlying investments. Hedge Fund incorporate to any absolute return fund investing within the financial markets (stocks‚ bonds‚ commodities‚ currencies‚ derivatives‚ etc) and/or applying non-traditional portfolio management techniques including‚ but

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    Pine Street Capital

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    Established in January 1999‚ Pine Street Capital (PSC) was a market-neutral hedge fund that specialized in the technology field‚ facing market risk and trying to decide whether and which way to use in order to hedge equity market risk. They choose technology sector because the partners of PSC felt that they have enough ability to evaluate this sector and specially be good at picking out-performing stock. Short-selling of NASDAQ and options hedging strategy are the two major hedging choices for PSC

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    Pine Street Capital

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    Pine Street Capital Discussion and Analysis 1 PINE STREET CAPITAL – WHAT RISK TO HEDGE & WHAT TO BEAR? Hedge: market related risks 1. Currently managing a market neutral fund ($32 AUM) In the past the market risk was hedged by shorting or short-selling representative shares of the market index In the past the market riskunder was The alternative hedged by shorting hedging the consideration was or shortselling representativehelp of put market risk with the shares of the market the market

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    Pine Street Capital

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    Background Pine Street Capital is a market-neutral hedge fund in the technology field and is facing market risk and has to decide which way to use in order to hedge the risk. It can either use short selling of NASDAQ or options hedging strategy. Each strategy has its own advantage in different economic conditions. As the fund has just gone through a volatile period in NASDAQ’s history‚ PSC has to choose between two choices. Choice 1: Continuing to hedge market risk by short selling Choice 2:

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    Madison Street Capital’s co-founder and Chief Operating Officer‚ Anthony Marsala is the recipient of National Association of Certified Valuators and Analysts‚ “40 Under Forty” recognition program for 2015. The recognition program acknowledges individuals who’ve made their mark in business valuation‚ financial analysis‚ litigation‚ witness testimony as well as mergers and acquisitions. The 40 recognized individuals were selected by the National Association of Certified Valuators and Analysts Executive

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    Case Study 1 Eric J. Gilbertson Question 1.) A.) Pine Valley Furniture developed its applications in-house. There are several plausible reasons for why the company chose this option. The company may have had unique processing needs that required the system to be built in-house‚ as opposed to purchasing a prepackaged system. The company may also have viewed its information systems as helping it achieve a competitive advantage. The company had several options‚ such as purchasing a system

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    Pine Ridge Indian Reservation is a two million acre plot of land in South Dakota. It is the second- largest Native American reservation in the United States. Over 40‚000 people live there‚ and approximately 35% of those are children. The Ogala Lakota Sioux of Pine Ridge Indian Reservation are the poorest of the nation. The unemployment rate averages between 80% and 90%. Those that have jobs earn an average income between $2‚600 and $3‚500 annually. Families subsist on about $4‚000 a year. (“Stats”)

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    Pines

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    Pines are trees in the genus Pinus (pron.: /ˈpaɪnəs/)‚[1] in the family Pinaceae. They make up the monotypic subfamily Pinoideae. There are about 115species of pine‚ although different authorities accept between 105 and 125 species. Contents  [hide]  * 1 Etymology * 2 Taxonomy‚ nomenclature and codification * 3 Distribution * 4 Morphology * 4.1 Foliage * 4.2 Cones * 5 Ecology * 6 Uses * 6.1 Food uses * 7 See also * 8 Notes * 9 References * 10 Bibliography *

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    19. Point of Pines Located at 190 North Shore Road‚ these apartments offer easy access to the North Shore‚ Boston and the Logan Airport. Because of their location two blocks away from the bay and Revere Beach‚ tenants can enjoy having gorgeous views of the waterfront and the quaint cityscape. Meanwhile‚ the express bus to the city is less than 100 yards away. In total‚ there are 72 different units available at this location. Tenants will find a range of different two-bedroom layouts at the property

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    structure would specify the city manager’s duties and his/her team’s line of delegation. I would take inspiration from the City of Pembroke Pines Proposed Budget for September 30‚ 2018 (as seen on the right). The proposed budget has clear-cut graphs that show the structure of the cities government. I would adopt this to the mid-size city since the City of Pembroke Pines is a larger community. Once this is initiated I would delegate responsibilities and goals for each position. Beginning with the city manager

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