seed-investments

Every time I turn around, I find a manager looking for seed capital. Many are frustrated with what I like to call “second dollar syndrome” – the fact that everyone seems happy to be the second dollar in your fund, but few want to commit the first dollar – and dream of a seed investment

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Greetings, We begin with the Eurozone where the Deutsche Bank boogeyman is back. The market was shaken by the news (somewhat reminiscent of Bear Stearns in early 2008) that several large clients started reducing credit exposure to the bank. Source: Bloomberg; Read full article Deutsche shares sold off sharply in US trading. Moreover, the implied volatility

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On August 25, 2016, the Securities and Exchange Commission (the “SEC”) adopted amendments to Form ADV and to certain rules promulgated under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).[1] The effective date of these amendments is October 31, 2016, but the compliance date is not untilOctober 1, 2017, and many advisers will not be required to use the amended Form ADV until March 31, 2018

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globe

Legal and compliance programs should be well articulated and robust in order to protect both Investment Managers (manager) and investors throughout the life of the fund. There are several key components to these programs. Legal documentation and structure vary based on a fund’s domicile, strategy, and investors. U.S. onshore and offshore operative documents generally include

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