Hedge Fund Disclosure Documents PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Hedge Fund Disclosure Documents PDF full book. Access full book title Hedge Fund Disclosure Documents.
Author | : Gregory J. Nowak |
Publisher | : Aspatore Books |
Total Pages | : 216 |
Release | : 2011-01-01 |
Genre | : Law |
ISBN | : 9780314274205 |
Download Hedge Fund Disclosure Documents Line by Line Book in PDF, ePub and Kindle
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 | : |
Total Pages | : 186 |
Release | : 2018 |
Genre | : Disclosure of information |
ISBN | : 9781539230342 |
Download Hedge Fund Disclosure Documents Book in PDF, ePub and Kindle
Author | : Douglas L. Hammer |
Publisher | : American Bar Association |
Total Pages | : 398 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9781590312971 |
Download U.S. Regulation of Hedge Funds Book in PDF, ePub and Kindle
This authoritative resource surveys federal securities laws and rules applicable to the organization, capitalization and operations of private U.S. domestic investment partnerships that invest and trade mainly in the public securities markets. Includes a detailed index.
Author | : Rajiv Jaitly |
Publisher | : John Wiley & Sons |
Total Pages | : 876 |
Release | : 2016-02-04 |
Genre | : Business & Economics |
ISBN | : 1119018730 |
Download Practical Operational Due Diligence on Hedge Funds Book in PDF, ePub and Kindle
Tighten due diligence procedures for more successful hedge fund investment Practical Operational Due Diligence on Hedge Funds is an encyclopaedic, comprehensive reference, written from the perspective of an experienced practitioner. Accompanied by a useful archive of factual material on different hedge fund issues, including failures, fines, and closures, this book focuses on the areas due diligence professionals should address, and explains why they're important. Extensive discussion of publicised cases identifies the manager entities and actual fund vehicles involved, and provides commentary on what could have been done differently in each case, backed by actual regulatory materials, such as SEC complaints, that recreate the events that took place. Readers gain a deeper understanding of the many facets of due diligence and the many possible pitfalls, learning how standardise processes and avoid major errors and oversights. The amount of money managed by hedge funds has almost doubled from the $1 trillion under management at the time of the financial crisis. Hedge funds can be extremely risky, but can be extremely profitable — as money increasingly flows back in, due diligence on these alternative investments becomes more and more critical. This book provides complete guidance toward the due diligence 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 and successes Proper due diligence can be a massive undertaking, but thoroughness is essential when the price of failure is so high. Practical Operational Due Diligence on Hedge Funds provides the details professionals need to be on point every time.
Author | : United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Capital Markets, Securities, and Government Sponsored Enterprises |
Publisher | : |
Total Pages | : 64 |
Release | : 2000 |
Genre | : Business & Economics |
ISBN | : |
Download H.R. 2924, the Hedge Fund Disclosure Act Book in PDF, ePub and Kindle
Author | : Douglas Slain |
Publisher | : Private Placement Publications |
Total Pages | : 29 |
Release | : 2014-04-07 |
Genre | : Business & Economics |
ISBN | : 1481842773 |
Download Hedge Funds for the Rest of Us Book in PDF, ePub and Kindle
This monograph explains how simple and easy it is to set up a hedge fund, especially in the BVI.
Author | : IBP USA |
Publisher | : Lulu.com |
Total Pages | : 296 |
Release | : 2009-03-20 |
Genre | : Business & Economics |
ISBN | : 1438721900 |
Download US Hedge Investment Funds Handbook Volume 1 Strategic Information and Regulations Book in PDF, ePub and Kindle
2011 Updated Reprint. Updated Annually. Hedge Investment Funds Handbook
Author | : Russell Mutingwende |
Publisher | : GRIN Verlag |
Total Pages | : 140 |
Release | : 2008-02-05 |
Genre | : Business & Economics |
ISBN | : 3638003892 |
Download The Challenge of Reigning-in Hedge Funds through Regulation and the Need to Improve Disclosure Requirements Book in PDF, ePub and Kindle
Master's Thesis from the year 2005 in the subject Business economics - Investment and Finance, grade: A- (German: Sehr Gut 1,3), Stellenbosch Universitiy, course: Master of Commerce- Business Management, language: English, abstract: This study aims to look at the definition of the group of alternative investments commonly known as ‘hedge funds’, in order to better understand why regulatory bodies the world over are vehemently working on introducing new legislation and guidelines as a means of maintaining market security and integrity in order to ensure adequate investor protection. This study posits that the two most viable options available to regulatory bodies to ensure effective implementation of these changes are (i) to either further restrict access to hedge funds and thereby curb their ‘retailization’ and/or (ii) to introduce rigorous levels of disclosure on the part of hedge funds and their intermediaries. It is the objective of this study to establish that for either of these options to be attained, tangible improvement in both the quantity and quality of information disclosure from hedge funds and their intermediaries about their positions, strategies and exposures in a manner that would enable them to continue to provide the market efficiency-enhancing services that they currently offer. After introducing all the key issues that have motivated this resolve, the study looks at the current regulatory environment and the challenges facing regulators such as the varying degrees of banking freedom offered by different states and jurisdictions. Proposed changes to current legislation are also considered across several jurisdictions. The results from the local market field study set the platform for recommendations to be investigated in future studies in order to provide guidelines for the supervision of the hedge fund industry.
Author | : Christopher Schwarz |
Publisher | : |
Total Pages | : 140 |
Release | : 2008 |
Genre | : |
ISBN | : |
Download Three Essays on Hedge Funds Book in PDF, ePub and Kindle
The hedge fund industry and hedge fund related research have grown rapidly in the last decade. In 1990, hedge funds controlled an estimated $39 billion in assets. At the end of 2006, hedge funds had an estimated $1.72 trillion in assets under management. This dissertation consists of three essays exploring the hedge fund industry. In the first essay, I use the recent controversial and ultimately unsuccessful SEC attempt to increase hedge fund disclosure to examine the value of disclosure to investors. By examining SEC mandated disclosures filed by a large number of hedge funds in February 2006, I am able to construct a measure of operational risk distinct from market risk. Leverage and ownership structures as of December 2005 suggest that lenders and hedge fund equity investors were already aware of hedge fund operational risk characteristics. However, operational risk has no effect on the flow-performance relationship, suggesting that investors either lack this information, or they do not regard it as material. In the second essay, I examine hedge fund management and incentive fee structures and changes as well as the use of redemption fees. Overall, I find hedge funds' fee structures are related to their other fund characteristics in a manner consistent with the mutual fund area and previous fee theory. I observe management fees are negatively related to fund characteristics that lower administrative overhead and positively related to tax incentives. Incentive fees are positively correlated with return characteristics that raise the total values of managers' option-like incentive fee contracts. Hedge fund fee changes are found to be a function of pricing power and managers attempting to decrease investor demand in capacity constrained styles while redemption fees are used to protect managers against poor performance. Finally, funds of funds have positively associated incentive and management fees, which create a negative relationship between incentive fees and fund alphas. In the third essay, I examine if hedge fund managers close and reopen funds to investment to preserve performance. While my results show closed hedge funds do experience significantly lower flows, managers' and management companies' primary objective is to hoard assets. Hedge funds in capacity constrained styles do not close more often, do not close at lower relative asset levels and do not reopen at lower relative asset levels. Hedge funds reopen to investment to generate additional fees, not when funds are capable of generating out performance. These results suggest even high performance-pay deltas are not strong enough to overcome additional fees generated from larger amounts of assets. Other monitoring mechanisms are necessary to reduce agency costs for investors.
Author | : Randy Shain |
Publisher | : John Wiley & Sons |
Total Pages | : 348 |
Release | : 2010-12-16 |
Genre | : Business & Economics |
ISBN | : 1118039246 |
Download Hedge Fund Due Diligence Book in PDF, ePub and Kindle
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.