Apr 4, 2011 | Due Diligence, Hedge Fund Compensation
Investors are throwing their weight around, particularly when it comes to hedge fund compensation structures, and it’s having an effect. One example is D.E. Shaw & Co, one of the world’s largest hedge funds with about $19 billion in assets under...
Mar 30, 2011 | Starting a Hedge Fund, Technology
Cloud computing is attracting a lot of attention these days based on the operational, efficiency and cost-saving benefits these services can provide. Rather than purchasing costly equipment, cloud services allowing fund managers to outsource hedge fund technology...
Mar 21, 2011 | Starting a Hedge Fund
As the Volcker rule forces many banks to wind down their proprietary trading desks, more and more in-house traders are viewing this as an opportunity to start their own hedge funds. Not so fast, reports Reuters. Traders may be inspired by the success of Goldman Sachs...
Mar 16, 2011 | Services, Technology
Hedge funds rely on a myriad of technology systems to maintain smooth operations, however, not all hedge fund technology components need to be managed and maintained in-house by a firm. Outsourcing various components to an expert IT services firm provides numerous...
Mar 14, 2011 | Regulation
The arrest and trial of Galleon Group co-founder Raj Rajaratnam has pushed hedge funds to take a new and serious look at their compliance practices, reports Reuters. Firms such as Paulson & Co and Millennium Management have reportedly spent millions to hire former...
Mar 9, 2011 | Starting a Hedge Fund, Technology
Hedge fund technology is an integral part of operations and something that must not be overlooked during the launch process. It is important that a hedge fund manager define the firm’s needs and then map and budget technology accordingly. One area of caution when it...
Mar 7, 2011 | Starting a Hedge Fund
There are many talented people out there who are passionate about investing and manage money during their spare time from their “real” jobs, says Amit Chokshi of GuruFocus. Many are blogging on his and other sites. Still others may dream of hanging out...
Mar 2, 2011 | Basics, Services, Starting a Hedge Fund
Let’s be clear about what you’re getting from when you hire a hedge fund attorney: somebody to write your offering memo. Other miscellaneous legal matters always come up, but that’s basically it. It’s boilerplate stuff. Lawyers “play a...
Feb 28, 2011 | Starting a Hedge Fund
The last two years have been “transformative” for the hedge fund industry, and a reminder than managing money isn’t all there is to starting and managing a successful hedge fund. That’s the word according to Merlin Securities in New York, which...