Fund Operations & Structure
Legal, structural, and operational mechanics of running a hedge fund — fund formation, fee structures, side pockets, gates, master-feeder, prime brokerage, and audit.
Details
- key concepts: master-feeder, fund-of-one, side pocket, gate, high-water mark, hurdle rate, prime broker
- core questions: What is a master-feeder structure?, How does a high-water mark interact with crystallisation?, What is the difference between a side pocket and a gate?
- related categories: regulatory-compliance
- term count: 60