Hedge Fund Compliance

Author: Jason A. Scharfman
Publisher: John Wiley & Sons
ISBN: 1119240239
Format: PDF, ePub
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The long-awaited guide for modern hedge fund compliance program development Hedge Fund Compliance + Website provides straightforward, practical guidance toward developing a hedge fund compliance program, drawn from the author's experience training financial regulators, consulting with government entities, and analyzing hedge fund compliance structures across the globe. In-depth explanations of compliance principles are backed by illustrative case studies and examples. Highly in-demand templates of popular hedge fund compliance documentation provide actionable illustrations of key compliance policies. Designed to assist investors, fund managers, service providers, and compliance job seekers directly, this book describes the fundamental building blocks of the hedge fund compliance function. Compliance is one of the fastest growing areas in the hedge fund space. This reference book provides an essential foundation in modern hedge fund compliance, reflecting the recent changes of this dynamic field. Design and run a hedge fund compliance program Access templates of core compliance documentation and checklists Discover how investors can evaluate and monitor compliance programs Interviews with hedge fund compliance practitioners A steady stream of regulatory changes, combined with the enhanced enforcement efforts of regulators, ensure that hedge funds' compliance-related expenditures will continue to grow. While hedge fund compliance legislation continues to evolve globally, little practical guidance exists for those tasked with the boots-on-the-ground aspects of developing an actual compliance program to comply with best practices and regulatory guidance from leading hedge fund regulators including the US Securities and Exchange Commission, the National Futures Association, the Commodity Futures Trading Commission and the United Kingdom's Financial Conduct Authority. Hedge fund professionals and investors need a fundamental framework for establishing and evaluating an effective program, and when compliance is the issue, trial and error carries too much risk. Hedge Fund Compliance + Website provides clear guidance and practical tools to meet today's compliance professional needs.

Hedge Fund Operational Due Diligence

Author: Jason A. Scharfman
Publisher: John Wiley & Sons
ISBN: 9780470466179
Format: PDF, ePub, Mobi
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How to diagnose and monitor key hedge fund operational risks With the various scandals taking place with hedge funds, now more than ever, both financial and operational risks must be examined. Revealing how to effectively detect and evaluate often-overlooked operational risk factors in hedge funds, such as multi-jurisdictional regulatory coordination, organizational nesting, and vaporware, Hedge Fund Operational Due Diligence includes real-world examples drawn from the author's experiences dealing with the operational risks of a global platform of over 80 hedge funds, funds of hedge funds, private equity, and real estate managers.

Taxation of U S Investment Partnerships and Hedge Funds

Author: Navendu P. Vasavada
Publisher: John Wiley & Sons
ISBN: 9780470642580
Format: PDF
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A new, lucid approach to the formulation of accounting policies for tax reporting Unraveling the layers of complexity surrounding the formulation of accounting policies for tax reporting, Taxation of US Investment Partnerships and Hedge Funds: Accounting Policies, Tax Allocations and Performance Presentation enables your corporation to implement sound up-front accounting and tax policies in order to reduce the overall cost of CFO and legal functions within a U.S. Investment partnership. Understand the pitfalls and optimize across legitimate policies that are consistent with the IRS regulations Presents a clear roadmap for accounting, tax policies, tax filing and performance presentation for US investment partnerships and hedge funds Providing tremendous understanding to a complex topic, Taxation of US Investment Partnerships and Hedge Funds is guaranteed to demystify the inner workings of the formulation of accounting policies for tax reporting.

How to Create and Manage a Hedge Fund

Author: Stuart A. McCrary
Publisher: John Wiley & Sons
ISBN: 9780471224884
Format: PDF, ePub
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Fundamentals of Modern Manufacturing is designed for a first course or two-course sequence in manufacturing at the junior level in mechanical, industrial, and manufacturing engineering curricula. Given its coverage of engineering materials, it may also be suitable for materials science and engineering courses that emphasize materials processing. Finally, it may be appropriate for technology programs related to the preceding engineering disciplines. Most of the book's content is concerned with manufacturing processes (about 65% of the text), but it also provides significant coverage of engineering materials and production systems. Materials, processes, and systems are the basic building blocks of modern manufacturing and the three broad subject areas covered in the book.

Hedge Fund Regulation

Author: Scott Lederman
Publisher: Practising Law Inst
ISBN: 9781402419003
Format: PDF, ePub
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With scores of enforcement actions over the past six years involving hedge funds, high-profile insider trader cases implicating hedge fund managers, the sweeping provisions of the new Dodd-Frank Act, and the resulting proposed SEC and CFTC rules that affect hedge funds, the legal and compliance pressures on the industry have hit an all-time high. The new second edition of Hedge Fund Regulation helps you steer a safe course through the turbulence. Clearly explaining the current federal and state standards governing the organization, launch, and operation of hedge funds, this much-needed guide helps to ensure that you properly Structure hedge funds, including fund complexes that combine domestic and offshore fund structures Register, disclose, and retain information, including electronic recordkeeping Solicit and advertise to potential investors, including meeting the strict standards of Regulations D and S Use the Internet for capital-raising, with the support of official SEC guidance Pursue investment opportunities in other financial markets, such as employing futures when implementing hedge fund strategies Providing crucial insight into proven compliance policies and procedures that help you prevent and detect internal wrongdoing, as well as statutory safe harbors that lessen your load, Hedge Fund Regulation, Second Edition is must reading for you and every market participant now more than ever."

Private Equity Operational Due Diligence Website

Author: Jason A. Scharfman
Publisher: John Wiley & Sons
ISBN: 111811390X
Format: PDF, Docs
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A step-by-step guide to develop a flexible comprehensive operational due diligence program for private equity and real estate funds Addressing the unique aspects and challenges associated with performing operational due diligence review of both private equity and real estate asset classes, this essential guide provides readers with the tools to develop a flexible comprehensive operational due diligence program for private equity and real estate. It includes techniques for analyzing fund legal documents and financial statements, as well as methods for evaluating operational risks concerning valuation methodologies, pricing documentation and illiquidity concerns. Covers topics including fund legal documents and financial statement analysis techniques Includes case studies in operational fraud Companion website includes sample checklists, templates, spreadsheets, and links to laws and regulations referenced in the book Equips investors with the tools to evaluate liquidity, valuation, and documentation Also by Jason Scharfman: Hedge Fund Operational Due Diligence: Understanding the Risks Filled with case studies, this book is required reading for private equity and real estate investors, as well as fund managers and service providers, for performing due diligence on the noninvestment risks associated with private equity and real estate funds.

Practical Operational Due Diligence on Hedge Funds

Author: Rajiv Jaitly
Publisher: John Wiley & Sons
ISBN: 1119018757
Format: PDF, Kindle
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The book is designed for use by due diligence professionals – it focuses on the areas that due diligence professionals should address with an explanation of why these matters are important. The book: Identifies areas of due diligence Identifies what can go wrong Provides information on how to create procedures and checklists on the issues Provides a resource on publicized case issues Provides a commentary on what could have been done from a due diligence perspective on those cases Uses actual regulatory material such as SEC complaints to recreate events that took place Identifies the manager entities and the actual fund vehicles involved in each issue rather than using broad generic names such as Madoff to describe a failure

U S Regulation of Hedge Funds

Author: Douglas L. Hammer
Publisher: American Bar Association
ISBN: 9781590312971
Format: PDF, Mobi
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This authoritative resource surveys federal securities laws and rules applicable to the organization, capitalization and operations of private U.S. domestic investment partnerships that invest and trade mainly in the public securities markets. Includes a detailed index.

The Trade Lifecycle

Author: Robert P. Baker
Publisher: John Wiley & Sons
ISBN: 0470971606
Format: PDF, ePub, Docs
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The lifecycle of a trade is the fundamental activity of investment banks, hedge funds, pension funds and many other financial companies. There is no better way to understand the working s of a financial institution than to follow the progress of a trade through all of its various stages and all the activities performed upon it. The Trade Lifecycle: Behind the Scenes of the Trading Process is a guide to the trade lifecycle and it inherent risks and weaknesses. The book dissects a trade into its component parts, tracking it from pre-conception to maturity, and examines how the trade affects each business function of a financial institution. As well as illustrating each part of the trade process it highlights the legal, operational, liquidity, credit and market risks to which the trade is exposed. Readers will benefit from a full understanding of all parts of the trade process, including derivative and credit derivative trades and will also see, with examples where appropriate, how the mismanagement of these risks led to the recent financial crisis. The book is divided in to 4 parts. Part 1 covers products and the background to trading including: trading risk; asset classes; derivatives, structures and hybrids; credit derivatives; liquidity, price and leverage. Part 2 covers the trade lifecycle including: the anatomy of a trade; the lifecycle of a trade; cashflows and asset holdings; risk management; market risk control; counterparty risk control; accounting and P&L attribution. Part 3 covers systems and procedures including;: the people; developing processes for new products; new products; systems; testing; data; reports; calculation; mathematical model and systems validation; regulatory, legal and compliance issues and business continuity planning. Finally Part 4 covers what can go wrong, discussing credit derivatives and the financial crisis. In the aftermath of the financial crisis emphasis had moved to transparency and due diligence involving closer scrutiny of all forms of risk. In this new world order, there is a much greater analysis of every trade and all market participants will need to have a better understanding of the impact of their work on the whole trade cycle – this book provides a one stop comprehensive guide to the lifecycle of a trade.