Cayman Islands: Cayman Islands Hybrid Funds: The Convergence Of Hedge And Private Equity
Date: April 23, 2009
23 April 2009
Article by Matthew Feargrieve and Neal Lomax
There has been in recent years a marked convergence of the traditionally separate asset classes of “hedge” and “private equity”, a trend that recently has dramatically accelerated as hedge fund managers scramble to manage liquidity by side pocketing illiquid or difficult-to-value assets, often in return for restructured upside fees that are paid only on realisation of the underlying assets. Indeed, a significant number of funds that started life as hedge funds are beginning to resemble private equity funds.
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Source: Mondaq
