Apr 18, 2011 | Regulation
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...
Mar 14, 2011 | Regulation
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...
Jan 24, 2011 | Regulation
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...
Aug 17, 2010 | Regulation, Strategies
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...
Jun 27, 2010 | Regulation
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...