Directors, administrators, and their fiduciary responsibilities


As the hedge fund industry matures, there is an increasing debate about which entity, entities, person or persons should be charged with protecting shareholders' interests. Although I will be presenting my views from an offshore (Bermuda/Caribbean) perspective, I think many of the principles discussed have relevance for effective corporate governance for onshore hedge funds as well.One advantage of having been in the administration business since 1979 is that I have been involved in many sit

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