Hedge Fund Governance: Evaluating Oversight, Independence, by Jason Scharfman

By Jason Scharfman

Hedge Fund Governance: comparing Oversight, Independence and Conflicts summarizes the basic parts of hedge fund governance and important views on governance arguments. An authoritative reference on governance, it describes the instruments wanted for constructing a versatile, complete hedge fund governance research framework. Case experiences and interviews with expert fund administrators shine a brilliant mild of pragmatism in this framework. The author's international research of greater than 5,000 hedge fund governance constructions permits him to attract life like conclusions approximately most sensible practices. He additionally explores the worth effects of fine vs. undesirable governance, estimating the particular buck losses that could end result from undesirable governance, in addition to the operational and funding functionality merits of yes governance practices.
Presents equipment for comparing skills, conflicts of pursuits, charges, tasks and liabilities of hedge fund forums of Directors.Explains ideas for constructing a hedge fund governance overview software, together with examining felony documentation research and monetary statements for governance similar details. makes use of case reviews and instance situations in hedge fund governance successes and screw ups to discover investor governance rights and fund supervisor obligations in onshore and offshore jurisdictions.

Show description

Read or Download Hedge Fund Governance: Evaluating Oversight, Independence, and Conflicts PDF

Similar finance books

Portfolio Investment Opportunities in Precious Metals

During this convenient new publication, bestselling writer David M. Darst presents helpful standpoint at the function and positioning of gold and different helpful metals inside an financial, monetary, and portfolio context. It covers the benefits and drawbacks, dangers and rewards of making an investment in beneficial metals and sheds gentle at the key components that force costs, together with provide and insist forces, inflation and deflation, geopolitical stipulations, rates of interest, and the worldwide financial process.

Enterprise Technology for Private Equity

With the non-public fairness dealing with new pressures - from traders difficult extra in-depth information reporting to bigger regulatory scrutiny - fund administration corporations needs to be sure their enterprise is powerful sufficient to conform. making an investment within the correct know-how is paramount to development an built-in company setting that's aware of the pressures and demanding situations of a consistently evolving worldwide market.

2016 International Valuation Handbook: Industry Cost of Capital

Real-world cost-of-capital info from throughout industries and round the globeThe 2016 overseas Valuation guide - fee of Capital deals an identical form of rigorous industry-level research released within the U. S. -centric Valuation guide - price of Capital. It offers industry-level rate of capital estimates (cost of fairness, rate of debt, and weighted commonplace expense of capital, or WACC), plus designated industry-level facts for revenues, marketplace capitalization, capital constitution, a number of levered and unlevered beta estimates (e.

New Trends in Finance and Accounting : Proceedings of the 17th Annual Conference on Finance and Accounting

This publication provides the most up-tp-date traits within the box of finance and accounting from a global point of view. that includes contributions provided on the seventeenth Annual convention on Finance and Accounting on the college of Economics in Prague, this identify presents a mixture of study tools used to discover the hidden results of accounting convergence within the inner most (IFRS) and public sectors (IPSAS).

Extra info for Hedge Fund Governance: Evaluating Oversight, Independence, and Conflicts

Example text

Ky. The Cayman Islands Gazette, sometimes just referred to as The Gazette, today typically includes details of the legal notices of summaries of fund liquidations among other legal notices. You can search the Cayman Islands Gazette archives yourself for information about hedge funds. l LPs could not take any active role in the business of the fund, sometimes referred to as a Partnership. l LPs’ profit-sharing ability was ostensibly limited to fixed payments taken only out of profits of the fund.

2004. Black’s Law Dictionary. l. , 2014. Securities lawsuits are on the rise. The Wall Street Journal, 26 January. , 2006. The rise of independent directors in the United States, 1950–2005: of shareholder value and stock market prices. ECGI—Law Working Paper, No. 74, August. , 2007. Columbia law and economics working paper. Stanford Law Rev. 59 (301), 1465. , 2014. Icahn’s EBAY talks show boards listening to activists. Bloomberg, 23 January. Hedge Funds Review Editorial, 2013. Hedge funds face dilemma of implementing socially responsible investing.

It is a system that flows through all the players and entities that interact with the hedge fund. It is not the exclusive domain of the board of directors, despite certain hagiographic works by these groups to the contrary. Instead, investors, the hedge funds themselves, and service providers, among others, all play key roles in developing and implementing a good governance system at a hedge fund. As we will discuss in more detail in Chapter 6, investors seeking to develop a framework to evaluate governance need to take this fact into account.

Download PDF sample

Rated 4.02 of 5 – based on 6 votes