Having an independent fund administrator has become a necessity for hedge funds seeking to raise or even retain capital in the post-Madoff investment landscape. Investors see external administrators as necessary watchdogs and a proxy for the credibility of a hedge fund manager. The choice of administrator can have a significant bearing on the fund manager’s ability to raise assets and grow its business.
The obvious solution is to appoint a large and well established administrator with a brand na
The week on Risk.net, July 14–20, 2017Receive this by email