From the category archives:

Regulation

New Hedge Fund Compliance Guideliness

April 18, 2011

Global Investment Performance Standards or “GIPS” is a set of compliance guidelines published by the CFA Institute that governs things like performance, AUM and NAV reporting by asset managers.  But many hedge fund managers say that GIPS falls short on adequately addressing the issues faced by hedge funds, according to a recent article in AllAboutAlpha. [...]

read more…

Hedge Funds Forced to Tighten Compliance

March 14, 2011

The arrest and trial of Galleon Group co-founder Raj Rajaratnam has pushed hedge funds to take a new and serious look at their compliance practices, reports Reuters. Firms such as Paulson & Co and Millennium Management have reportedly spent millions to hire former regulators as advisers. Firms are also taking a more serious look at [...]

read more…

Success Brings Compliance Headaches for Small Hedge Funds

January 24, 2011

Even the “guppies” of the hedge fund industry may face compliance headaches and stifling expenses when new regulatory oversight goes into effect this July. So says Frank LaGrange Johnson, who runs LaGrange Capital Partners out of New York. With total assets for his funds now around $150 million, Johnson will have to register with the [...]

read more…

Dodd Frank Changes Next to Nothing

September 7, 2010

Washington calls it the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. If you’re starting a hedge fund or if you’re in the business of hedge fund marketing, you can call it largely irrelevant. The 2,319-pager shoots buckshot at the financial industry and, of its 16 titles, only one has a bead on [...]

read more…

Hedge Fund Placement Agents, Unicorns and Other Mythical Creatures

August 17, 2010

You may have heard of a mythical creature called a finder or hedge fund placement agent – somebody, not otherwise connected to the financial industry, who can help you with starting a hedge fund by introducing you to wealthy friends. In return for this informal assistance with hedge fund marketing, you would pay this finder [...]

read more…

Financial Reform Bill and Hedge Funds

June 27, 2010

The House and Senate Conference Committee on Friday finished reconciling the two versions of the financial reform bill and some of the major items are going to affect the hedge funds.  Over the next week and a half we are going to hear more about the details of the bill and how the financial landscape [...]

read more…

Third Party Marketing Under Pressure

May 27, 2010

Third party marketing firms are independent sales and marketing companies with a Rolodex in the hedge fund industry and use those contacts to raise money for hedge funds. They are registered as broker-dealers with the SEC and help hedge fund managers navigate the advertising waters in accordance with the restrictions of Regulation D. They play [...]

read more…

Next Entries →