Search Results

A liquidating trust may be an effective method for a fund manager to wind down a fund without having a significant role in the liquidation. Fund managers should consult with tax advisors to make sure that this type of entity makes sense for the situation.

As we gear up for tax filing season, we highlight Asset Management items. California drafted amendments to have its receipts factor to include market-based sourcing concepts as they relate to asset management firms. 15-year qualified asset treatment for leasehold improvements considerations.

The introduction of the Common Reporting Standard will affect Irish domiciled funds in 2016 and beyond. The Common Reporting Standard effectively applies FATCA principles on a global scale. What are the differences between FATCA and the Common Reporting Standard?

Actions brought by the SEC’s OCIE in 2015 highlight themes of importance to managers of private investment funds such as SEC enforcement actions that relate to Chief Compliance Officers and cybersecurity requirements. Priorities for 2016 include a continued focus on cybersecurity.

Long/short equity hedge funds have been and are expected to continue to be the most popular strategy to launch. Funds are going to run into more barriers raising money this year. Investors in general are slated to pay more attention this year to smaller-to-medium-sized managers.

With regulatory changes, it’s become increasingly difficult for hedge funds and alternative managers to fund their portfolios and borrow securities but all hope is not lost. Liquid, balanced portfolios are still in demand at prime brokers. So what matters to a prime broker?

Pre-and post-New York corporate reform tax changes and the transformation in the treatment of investment capital that impacts funds and fund managers that may have one or more corporate partners that are subject to the corporation income tax.

Federally registered investment advisers are required to address actual and potential conflicts of interest inherent in the operations of their advisory business. All registered investment advisers’ reviews this year will be impacted by the following SEC regulatory initiatives.

Alternative investment industry outlook update. Hedge funds are expected to face the worst year since the 2008 but institutional investors are still interested in the alternative asset class. New offerings in the private equity and venture capital space are slated to keep increasing.

Although emerging hedge funds have (on average) the best alpha during their early years, they find it more difficult than ever to raise capital. Here are the challenges emerging hedge funds face and the potential opportunities for emerging managers.

Historical background and context of state income taxation of cross-Border asset management services. How the rules have changed with factor presence nexus and apportionment. Information on cross-border asset management services state income taxation.

Market trends that are helping Ireland develop as the location of choice for private equity asset managers. Ireland is already viewed as a leading location for hedge funds and structured finance and may cement its reputation as the home of alternative investments.

What can be done to keep your firm from being caught up in an insider trading scandal? The best approach is to keep it simple since it is almost impossible to address the nuances surrounding the legal interpretations of what constitutes insider trading.

The FASB has issued Accounting Standards Update No. 2015-02. Here are the key changes affecting limited partnerships and similar entities. The presumption in current GAAP that a general partner should consolidate limited partnerships and similar entities that are not VIEs is eliminated.

Asset management professionals share their perspective on what’s in store for the alternative investment industry. Investors are expected to continue to increase their allocations to alternative investments, which will ultimately trump traditional investments in their portfolios.

FATCA compliance information for domestic funds and foreign funds. FATCA requires reporting of U.S. account information to the applicable tax authorities. Almost every asset management fund will have to comply with FATCA.

The alternative investment industry is poised for a stellar 2015. Investors are expected to increase their allocations to both hedge funds and private equity, managers are anticipated to outperform, new fund launches will increase and there will be continued growth in the liquid alternatives space.

With few exceptions, the AIFMD applies to Alternative Investment Funds which are not in scope of the UCITS regime. The legislation is in full effect throughout the European Union but the Alternative Investment Fund Managers Directive also affects managers and funds outside of Europe.

Financial officers and auditors should give careful considerations to the applicable securities laws when determining the valuation of portfolio securities held in companies that have recently undertaken a public offering of either debt or equity securities.

Using the tax advantages of Ireland for alternative investments. What is a Qualifying Investor Alternative Investment Fund and the Irish Collective Asset management Vehicle? Information on United States tax considerations and Ireland alternative investments structuring.