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Chapter 2: Regulations & compliance

US hedge fund managers face significant regulatory requirements, which this chapter cannot possibly cover in detail. But there are a few key areas of particular import, which shall be summarised below. In addition, this chapter will highlight some of the key considerations for implementing a compliance manual; a must-do task

Jeffrey Rosenthal

Financial budgeting: One chance to succeed

Planning a hedge fund launch is a serious business. People need to decide whether they are truly ready, both financially and mentally, and be confident in their investment strategy. This may sound trite but all too often start-ups rush to get a hedge fund in place without clearly thinking everything

Ron Geffner

Structuring a tax-efficient hedge fund

When embarking on any new business, it's important that one not only engages professionals with deep industry knowledge but also commercial knowledge to support the various stages of business growth. For anyone establishing a hedge fund, their needs are going to change as their business evolves from launch to maturity.

Gavel and scales

Chapter 1: Legal & tax structuring

The two key questions that will drive fund structuring decisions are: Where is the money coming from and what do you want to do with it? This will determine whether the start-up manager launches a domestic Delaware LP structure, which might be the case if his investors will only be

Sunil Gopalan

2016 Guide to setting up an Alternative Investment Fund in the USA – Introduction

The hitherto opaque alternative investment funds (AIFs) industry has been making significant strides towards transparency, driven largely by the demands of institutional investors and global regulators, who want to see AIFs deliver clarity and accuracy in their trading and investor reporting methods. This is good news for an industry that

Kayon Partners to advise LeoGroup on private equity fund

Kayon Partners has teamed with The LeoGroup LLC as sub-advisor to the private equity fund LeoGroup Private Investment Access, LLC. LeoGroup is expanding its offerings to ultra-affluent individuals through its multi-family office platform. Kayon Partners, founded by Stephen Garrow, David Vogel and Timothy Mitrovich, has partnered with LeoGroup as sub-advisor

Miravast completes MBO

Miravast LLC, a Delaware based LLC, specialising in life contingent assets, has been launched by former senior members of the AIG life settlements team in 2012 with financial backing.     In 2016, Miravast earned sufficient capital to support its ongoing business needs and executed a buyout of external equity

Q1 sees shift to larger PE deals, says SL Capital

Preliminary figures released by SL Capital in the Q1 2016 Private Equity Barometer, published by unquote”, show that overall the year to Q1 2016 witnessed a shift towards larger deals, with total deal value increasing by 28.2 per cent, while volume slipped by 15.9 per cent.   As a result,

Beacon Rail to acquire Ascendos Rail Leasing

Beacon Rail Leasing (Beacon), a leading Pan-European rolling stock leasing company, is to acquire Ascendos Rail Leasing (Ascendos), a European locomotive and rolling stock leasing company.   The completion of the transaction is subject to customary conditions, including clearance with the German competition authorities. The transaction is expected to be

Gregg Flinn

New ALTZ platform brings private placement investing to individual investors

Philadelphia area-based ALTZ Investment Strategies (ALTZ) has launched an alternative investment platform aimed at providing accredited individual investors with access to private opportunities. These investments, usually reserved for institutional investors, can be accessed through the ALTZ website, where users register as accredited or aspirational investors, open a brokerage account, browse

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