Hedge Funds: Formation, Operation and Regulation

Schulte Roth & Zabel attorneys have written a comprehensive new book on hedge funds for both fund sponsors and investors. Hedge Funds: Formation, Operation and Regulation, published by ALM’s Law Journal Press, is an up-to-date and forward-looking guide that clearly and fully explains the complete spectrum of hedge fund investment structuring, operations and regulation.

As the hedge fund industry has grown dramatically in size and complexity, it has become both an important part of global asset management and the focus of new legislation and regulation. This all-encompassing book provides an expert look at the state of the industry, providing legal and practical insights into taxation, regulation, documentation, and strategic issues. Specific topics include hedge fund investment strategies and structuring a hedge fund management company, domestic and off-shore hedge fund structures and tax considerations, terms, fees and related considerations, regulatory requirements and fiduciary obligations of investment advisors, and fund documentation, including marketing materials, offering memoranda and governing documents.

Offering an unparalleled understanding of the legal and operational aspects of the hedge fund industry, the SRZ authors represent a broad range of practices and include investment management partners Stephanie R. Breslow, David J. Efron, David Nissenbaum, Paul N. Roth, Jennifer Dunn, Christopher Hilditch, Daniel F. Hunter and Jason S. Kaplan; investment management regulatory & compliance partner Marc E. Elovitz; employment & employee benefits partners David M. Cohen and Holly H. Weiss; finance & derivatives partners Daniel V. Oshinsky and Craig Stein; mergers & acquisitions partner Peter Jonathan Halasz; and tax partners Philippe Benedict and Shlomo C. Twerski. The authors also received significant contributions from litigation attorney Betty Santangelo, as well as associate Patrick Dundas; tax partner David Wermuth and special counsel David S. Griffel; and former Schulte lawyers Brad L. Caswell, Nancy R. Finkelstein, Steven J. Fredman, Kenneth S. Gerstein, Lawrence S. Goldberg, Benjamin A. Newman, Jacob Preiserowicz, Joseph Suh and Joseph P. Vitale.