Tailored Turn – Key Solutions

There is no legal requirement for a domestic hedge fund to utilize the services of a fund administrator. However, a fund administrator can be an essential partner in the management of any hedge fund, reducing the costs for yearly audits and tax preparation (i.e., preparation of Form 1065 and Schedule K-1’s). Moreover, hedge fund administrators further prove their worth by providing comprehensive

An “incubator” hedge fund is a cost effective option for creating a marketable track record that can be leveraged to attract investors. Think of an incubator fund as a “startup” hedge fund with little record of performance, often funded through a small group of investors, often friends and family. With an incubator hedge fund, the fund promoters can test strategies and create a track record that can be relied upon at a later date to transition to a “professional” hedge fund with significantly larger amounts of capital under management. Typical jurisdictions for forming incubator funds include the British Virgin Islands, Cayman Islands. Saint Lucia and the United States.