Offshore hedge funds can be structured in a number of different ways including a stand alone structure, a master-feeder structure and a side by side structure.  This article discusses the side by side hedge fund structure and also provides a side by side offshore hedge fund organizational chart.  As we [...]

In an article yesterday we discussed the withdrawal of proposed rules which would require hedge funds to implement anti-money laundering compliance programs (see Hedge Funds and AML Requirements).  Yesterday Senator Carl Levin, a democrat from Michigan, released a statement condemning the withdrawal of proposed hedge fund AML rule by the [...]

After my first year of law school I was a legal intern for a company which sold products to lawyers.  The CEO was a former tax attorney and on multiple occasions told me with pride that “tax attorneys are the brain surgeons of the law.”  Whatever he meant by that, [...]

For offshore hedge funds one of the central questions during the formation process is which jurisdiction will you choose? While there are many possibilities, there are two jurisidictions which a vast majority of the hedge funds will choose – either the BVI or Cayman Islands. Because both offer the same [...]