Hedge funds operate within an increasingly interconnected financial ecosystem in which investment activity, investor capital and regulatory oversight frequently cross borders. As a result, understanding the legal, regulatory and operational frameworks that govern hedge fund activities has become essential for fund sponsors, investment managers, service providers, investors and other industry participants. The third edition has been updated to reflect recent industry developments, including evolving regulatory requirements, enhanced transparency obligations and technological innovation, as well as ESG, sustainability, governance and risk management considerations. In addition, the book examines current fund structuring approaches and operational issues alongside key litigation, enforcement and regulatory developments in major financial centres. The handbook also provides detailed jurisdictional analysis. Each country chapter follows a consistent and detailed format for ease of reference and practical comparison across jurisdictions. New to this edition is coverage of Ireland, one of the world's leading domiciles for alternative investment funds, further expanding the book's international reach. Written by leading hedge fund lawyers and industry professionals from firms including Borden Ladner Gervais, Sullivan & Cromwell and McDermott Will & Schulte, among others, this title combines practical guidance with insightful analysis for all participants in the industry.