Chief Technology Officer: A Critical Management Role
While attention in the past has largely been placed on traditional c-level roles, be prepared to see the Chief Technology Officer (CTO) increasingly viewed– by both investors and regulators–as an...
View ArticleExpertise Needed to Use Expert Networks
Expertise Needed to Use Expert Networks It’s not uncommon for advisers to engage the services of expert network firms and other third party consultants as part of their research efforts on investment...
View ArticleRFG White Paper: Positioning Your Firm With Investors
Executive Summary At a time when investors are demonstrably concerned about the operational risks associated with an investment, particularly an investment with an emerging manager, many managers shy...
View ArticleRFG White Paper: THE UNASKED QUESTION: Fund Directors – Worth It or Not?
Executive Summary Operational risk can sink a fund, but who has responsibility for mitigating operational risk—the manager or the board? Investors need to be confident that the respective areas of...
View ArticleThe Unasked Question: Fund Directors, Worth It or Not?
Fund Directors, Worth It or Not? A careful assessment of a hedge fund board’s role can help ensure that alternative fund investors receive governance benefits that justify board expenses, according to...
View ArticleRFG in Institutional Investor: A Fund Board is Not a Magic Bullet
RFG in Institutional Investor: A Fund Board is Not a Magic Bullet As institutions, pensions, foundations and endowments continue to dial up their hedge fund exposure, they are beginning to scrutinize...
View ArticleSix Trends to Watch for in 2013
Six Trends to Watch in 2013 January is always a good time to look ahead and prepare for what the New Year might have in store. With that in mind, we offer six trends that are likely to impact how you...
View ArticleDo Investors Prefer Emerging or Established Managers? (A GAIM USA 2013 Update)
Do Investors Prefer Emerging or Established Managers? Yesterday we attended the panel at GAIM USA, “Does Size Really Matter: Are Bigger Funds Better Than Smaller Funds?” The session focused on the...
View ArticleA Risky Bet – Failing to Conduct Risk Assessments
A Risky Bet – Failing to Conduct Risk Assessments From time to time we are asked about risk assessments and whether they play an important role in the governance and compliance structure of a hedge...
View ArticleYour Check Is in the Mail, Possibly for Five Years
“Hit ‘em in the pocketbook, where it hurts,” the regulators’ new mantra? The EU did just that last week in a big way as the European Securities and Markets Authority (“ESMA”) clarified compensation...
View ArticleAn Open Letter to CIMA on Its Fund Governance Proposals
An Open Letter to CIMA on Its Fund Governance Proposals Dear Cayman Islands Monetary Authority (“CIMA”), We applaud your effort to seek public comments, due March 18, on proposed enhancements to...
View ArticleSEC to Advisers: “Can You Hear Me Now?”
SEC to Advisers: “Can You Hear Me Now?” (The First of a Two Part Series) A little over a year ago the SEC warned advisers that the game has changed and that the agency would begin to use a...
View ArticleSEC to Advisers: “Can You Hear Me Now?” (Part II)
SEC to Advisers: “Can You Hear Me Now?” (The second of a two-part series) Your personal “mock audit” to determine whether your firm is ready for the SEC. Part one of this series (here) focused on...
View ArticleAct Before Cayman Reforms
Act Before Cayman Reforms Many in the industry await with anticipation the reaction by the Cayman Islands Monetary Authority (CIMA) to comments on its recent governance standards proposals. Cayman is...
View ArticleA Primer on AIFMD for U.S. Advisers
A Primer on AIFMD for U.S. Advisers AIFMD—As a U.S. adviser, are you within its scope and can you avoid its reach? The AIFMD will apply if you advise an alternative investment fund that is...
View ArticleAre You Ready for FATCA? The 2-minute Drill for Funds, Advisers, and Their...
Are You Ready for FATCA? The 2-minute Drill for Funds, Advisers, and Their Affiliates The Foreign Account Tax Compliance Act (“FATCA”) imposes new due diligence, reporting, withholding, and...
View ArticleFive Answers Marketing Needs from Compliance – NOW
Five Answers Marketing Needs from Compliance – NOW Marketing/investor relations teams clearly play an important role in any firm. To find investors willing to make substantial allocations, they need...
View ArticleSEC Focusing on Risk-based Exams and Operational Due Diligence
This week at the Investor OPS Conference: Operational Due Diligence on Alternative Investments for Endowment & Foundations, Drew Bowden, the Director of the SEC’s Office of Compliance Inspections...
View ArticleBridging the Chasm: the Business Versus the Regulatory Perspective
Good corporate governance can be as elusive as beauty; both are in the eyes of the beholder. The lens through which financial services regulators measure the firms they monitor is very different from a...
View ArticleBest Practices: The Ground is Moving
Best practices can feel like a mountain that needs to be scaled. And like mountains, they appear fixed but are actually constantly moving based on a series of opposing forces. Sometimes they are...
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