(www.hedgefundlawblog.com)
State registered investment advisory firms usually have annual compliance requirements. The following discusses the major issues for investment advisors (both hedge fund and separately managed account managers) who are registered in California. In general, there is (i) an annual updating requirement and (ii) an annual financial filing requirement.
Annual ADV Updating Amendment
Registered investment advisers will need [...]
From the category archives:

Fund Appreciation Rights
December 6, 2009Alternative Hedge Fund Compensation Structure
At the very beginning of this year there was much discussion about the hedge fund compensation structure in light of the horrible returns from 2008. Many funds lost money but managers aren’t typically subject to the same types of clawback provisions as private equity fund managers. Additionally some funds had to [...]