Publisher's Synopsis
Since the first funds were established over sixty years ago,the hedge fund industry has grown dramatically in size and complexity. More than just a passing phenomenon, hedge funds are now an important part of global asset management; and increasingly the focus of new legislation and regulation. This up-to-date and forward-looking new guide explains:Hedge fund investment strategiesDomestic and off-shore hedge fund structure and tax considerationsTerms, fees, and related considerations for sponsors and investorsRegulatory requirements and fiduciary obligations of investment advisersFund documentation, including marketing materials, offering memoranda, governing documents and related and agreementsStructuring a hedge fund management companyPros and cons of using service providersSeed investorsUnited Kingdom hedge fund RequirementsFinancing arrangements for hedge fundsRegistered hedge fundsFeaturing contributions from experts in each of these areas, Hedge Funds addresses legal and practical issues of importance to counsel for both sponsors and investors. Whether your concern is taxation, regulation, documentation, or overall strategy, it is an essential addition to your library.