Author: Gregory J. Nowak
Publisher: Aspatore Books
ISBN: 9780314274205
Category : Law
Languages : en
Pages : 216
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Book Description
Managers and sponsors of hedge funds and funds of funds commission the creation of disclosure documents to explain their products and minimize their personal risk exposure. These disclosure documents can be descriptive, but often end up being dense and opaque. Industry convention and the anti-fraud provisions of the securities laws govern how these documents are prepared. The more opaque the disclosure document is, the less likely the disclosure document will adequately describe the plan, the purposes, and the risks of investment, and accomplish the legal objective of true, complete, and accurate disclosure. Recent market retrenchment, beginning with the credit crisis in 2008, tested hedge fund disclosures like no time in the recent past.This second edition of Hedge Fund Disclosure Documents Line by Line capitalizes on this recent economic trauma by rewriting and expanding the fund disclosure to address modern hedge fund risks, while at the same time providing the user with a useful guide to the intricacies of the issues presented by the contemporary investment environment.
Author: Gregory J. Nowak
Publisher:
ISBN: 9781539230342
Category : Disclosure of information
Languages : en
Pages : 186
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Book Description
Author: United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
Author: Gregory J. Nowak
Publisher: Thomson West
ISBN: 9780314909534
Category : Hedge funds
Languages : en
Pages : 198
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Book Description
In the original Hedge Fund Agreements Line by Line, author Gregory J. Nowak took a standard operating agreement, broke it down step by step, and explained all parts of the venturefrom forming a company to liquidating assets and dissolving the partnership. This second edition is all new, re-written to deal with issues facing hedge funds in the current market environment, and takes into account the lessons learned from the market meltdown of 2008 to early 2009. It has an expanded valuation section that addresses FAS 157 and 157-4 issues, and a robust Designated Asset system that deals with side pockets and special assets in Master Feeder and single-strategy structures. The author has included a running commentary on the Model Operating Agreement of the ABC Fund, LLC, with a practitioners insights on why certain provisions are drafted the way they are. An indispensable tool for any hedge fund manager, this book offers a swift yet informative read on all legal aspects of forming and operating this investment vehicle.
Author: IBP USA
Publisher: Lulu.com
ISBN: 1438721900
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
2011 Updated Reprint. Updated Annually. Hedge Investment Funds Handbook
Author: Randy Shain
Publisher: John Wiley & Sons
ISBN: 1118039246
Category : Business & Economics
Languages : en
Pages : 348
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Book Description
Hedge Fund Due Diligence provides a step-by-step methodology that will allow you to recognize and avoid questionable hedge funds before its too late. Based on a framework that hedge fund investigative expert Randy Shain has refined over the course of his successful career, this book offers an overview of due diligence into hedge fund management, how information on managers can be obtained, and why this information is essential to your investment endeavors.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
Author: Jason Scharfman
Publisher: Academic Press
ISBN: 0128025123
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
Hedge Fund Governance: Evaluating Oversight, Independence and Conflicts summarizes the fundamental elements of hedge fund governance and principal perspectives on governance arguments. An authoritative reference on governance, it describes the tools needed for developing a flexible, comprehensive hedge fund governance analysis framework. Case studies and interviews with professional fund directors shine a bright light of pragmatism on this framework. The author’s global analysis of more than 5,000 hedge fund governance structures enables him to draw realistic conclusions about best practices. He also explores the value consequences of good vs. bad governance, estimating the actual dollar losses that can result from bad governance, as well as the operational and investment performance benefits of certain governance practices. Presents methods for evaluating qualifications, conflicts of interests, fees, obligations and liabilities of hedge fund Boards of Directors. Explains techniques for developing a hedge fund governance assessment program, including analyzing legal documentation analysis and financial statements for governance related information. Uses case studies and example scenarios in hedge fund governance successes and failures to explore investor governance rights and fund manager responsibilities in onshore and offshore jurisdictions.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Hedge funds
Languages : en
Pages : 64
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Book Description
Author: Rajiv Jaitly
Publisher: John Wiley & Sons
ISBN: 1119018730
Category : Business & Economics
Languages : en
Pages : 872
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Book Description
Tighten due diligence procedures for more successful hedge fundinvestment Practical Operational Due Diligence on Hedge Funds is anencyclopaedic, comprehensive reference, written from theperspective of an experienced practitioner. Accompanied by a usefularchive of factual material on different hedge fund issues,including failures, fines, and closures, this book focuses on theareas due diligence professionals should address, and explains whythey're important. Extensive discussion of publicised casesidentifies the manager entities and actual fund vehicles involved,and provides commentary on what could have been done differently ineach case, backed by actual regulatory materials, such as SECcomplaints, that recreate the events that took place. Readers gaina deeper understanding of the many facets of due diligence and themany possible pitfalls, learning how standardise processes andavoid major errors and oversights. The amount of money managed by hedge funds has almost doubledfrom the $1 trillion under management at the time of the financialcrisis. Hedge funds can be extremely risky, but can be extremelyprofitable — as money increasingly flows back in, duediligence on these alternative investments becomes more and morecritical. This book provides complete guidance toward the duediligence process, with plentiful real-world examples. Identify the areas of due diligence and what can go wrong Create procedures and checklists to minimise errors Learn what publicised cases could have done differently Gain a deeper understanding of massive failures andsuccesses Proper due diligence can be a massive undertaking, butthoroughness is essential when the price of failure is so high.Practical Operational Due Diligence on Hedge Funds providesthe details professionals need to be on point every time.
