Many start-up hedge fund managers want to know if their friends and family can invest in the start-up hedge fund. Most of the time, such friends and family do not fall within the definition of accredited investor under the Regulation D rules. The regulation D rules allow a maximum of [...]
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24 October
Posted in
Laws
Overview of the Investment Company Act of 1940
The Investment Company Act of 1940 (the “Investment Company Act”) is what gives structure to the hedge fund industry. The Investment Company Act provides very strict regulations for entities which are “investment companies” such as mutual funds. While hedge funds do fall within the definition of “investment company” they will [...]
9 August
Posted in
Hedge Fund Questions and Answers
Question: hedge fund investor and qualification requirements
Question: I wanted to inquire as to legalities for a new hedge fund formation. My question is can I get by the limit of 500 investors and qualification requirements. I mean is there another type of fund to start with same freedom and lack of regulation with breadth of trading [...]