Hedge fund managers launching or acquiring equity stakes in private equity or venture capital firms must ensure they have adequate Chinese Walls in place to prevent conflicts of interest arising through separate vehicles, according to Seward &
Private equity managers ought to impose side letters on investors whereby the latter is prohibited through non-disclosure agreements from divulging highly sensitive, confidential information should they receive Freedom of Information (FOI) request
Private equity fees are among the fairest in the asset management industry and wholly transparent, and it is unlikely the Securities and Exchange Commission (SEC) will find any transgressions with the fee struct
Private equity firms adhering to “best practices” and which are transparent should have nothing to fear from the US Securities and Exchange Commission’s (SEC) growing interest in the fees and expenses they charge limited partners (LPs).
Hedge fund managers need at least $300 million in Assets under Management (AuM) to enable the management fee to cover their operating costs and regulatory requirements, according to Citi Prime Finance’s 2013 Business Expense Benchmark survey.
A minority of funds of funds will survive, although consolidation is likely to continue, while hedge funds saw their overall share of alternative assets increase, according to a survey of the Top 100 alternative investment managers running $3.1 tr