Chidem Kurdas
Are some investors better than others for a hedge fund? Managers have long considered who they want as their client – and who they don’t want – but (more…)
Chidem Kurdas
Are some investors better than others for a hedge fund? Managers have long considered who they want as their client – and who they don’t want – but (more…)
Chidem Kurdas
The manager sounded frustrated. (more…)
One of the provisions of Dodd-Frank is a change in the criteria the determine who’s an accredited investor. This might have an adverse impact on hedge funds by shrinking the client pool. But most people don’t think so, according to a survey at a conference. (more…)
Chidem Kurdas
The Dodd-Frank Act mandates the registration of hedge fund and private equity advisers with assets over $150 million. Venture capital managers and family offices are exempt from the registration requirement, but not private equity.
Once private equity managers become registered investment advisers, like all RIAs they will be subject to examinations by the Securities and Exchange Commission. The SEC looks at valuation polices and practices, among other issues. Private equity valuation will be scrutinized and has to be documented and supported, says Sal Shah, a partner at accounting firm McGladrey. (more…)