Episode 61: Hedge Fund Offering Terms, Part 1: Compensation
Episode 61: Hedge Fund Offering Terms, Part 1: Compensation
Today is the first in a series of Tokens of Wisdom episodes walking through the main offering terms for an open-ended fund, aka a hedge fund.
One of the first things I do with new fund clients is take them through a fund questionnaire to determine the offering terms for their new fund. This is usually a one hour conversation, at the end of which I have most of what I need to draft the fund’s offering documents. Since I know ToW listeners like it short and sweet, I’m going to break this up into a handful of different episodes.
Today’s…
The skinny
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