Investor and regulatory pressures continue to force change in hedge fund corporate governance

Divergent views for tricky problem

Good corporate governance and running a hedge fund used to be considered polar opposites, but times change. Following 2008 the industry has undergone a transformation and now the topic is widely discussed as investors and regulators push for transparency and accountability.

Pinning down just what people mean by better corporate governance of the hedge fund industry is tricky.

The first Code of Best Practice on corporate governance was produced in 1992 by the Committee on the Financial Aspects of C