Hedge Fund Disclosure Documents Line by Line, 2nd Edition: A User's Guide to Private Placement Memoranda for Funds Formed as Limited Liability Companies
By Gregory J. Nowak.
Description
Managers and sponsors of hedge funds and funds of funds commission the creation of disclosure documents to explain their products and minimize their personal risk exposure. These disclosure documents can be descriptive, but often end up being dense and opaque. Industry convention and the anti-fraud provisions of the securities laws govern how these documents are prepared. The more opaque the disclosure document is, the less likely the disclosure document will adequately describe the plan, the purposes, and the risks of investment, and accomplish the legal objective of true, complete, and ac...
ISBN(s)
0314274200, 9780314274205
