The first case under the new Bribery Act in the United Kingdom has come down, so I’m devoting this roundup of posts to that story. BREAKING: First Bribery Act charges brought in record time in BriberyAct.com The Press Association is reporting that a court official in London is the first person charged under Section 2 of the [...]
Archive | September, 2011
Limiting Redemptions by Limited Partners
on September 1, 2011 in Private Investment Funds
Hedge funds usually give their limited partners an ability to redeem their interests at certain periods during the investment period. That ability is often subject to a “gates provision” that limits a quick outflow of capital. The provision is general there to avoid a liquidity crisis in the hedge fund which could hurt the remaining [...]
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Compliance Building is published by Doug Cornelius, focusing on compliance and ethical issues for private equity real estate companies. Read more in About.
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