Featured Course
Hedge Fund Non-Executive Director Training
Duration:
Course Overview
The role of fund directors is increasingly under the spotlight. The Weavering case, in which damages of USD111 million were awarded against two non-executive directors of a Cayman Islands hedge fund, brought further investor attention to the responsibilities of the N.E.D.s sitting on the boards of their funds. In addition, Ireland has just introduced a Corporate Governance Code for Collective Investment Schemes and Management Companies. This code of best practice, while voluntary, is considered by many to be a precursor to a greater legal framework which will, among other objectives, seek to clarify existing and prescribe greater obligations on fund directors.
In response, Quickstep Consulting is providing one-to-one Hedge Fund Non-Executive Director Consultations. This bespoke offering will enable non-executive directors and would-be directors the opportunity to assess the risk involved in a given fund from a director perspective.
Course Content
While the nature of these consultations depend on the specific requirements of the client, the following areas, at a minimum, are likely to be covered:
- Fund Documentation
- Offering documentation
- Annual reports
- Investor statements
- Investment Objective
- Strategy & policy
- Instruments
- Investment restrictions
- Risks
- Operational
- Counterparty
- Liquidity
- Market
- Valuation Policy
- OTC instruments
- Illiquid/hard-to-value instruments
- Investment Manager Review
- Corporate Governance Framework
Who should attend?
These one-to-one sessions will assist would-be directors in assessing the risks involved in becoming a director of a particular hedge fund.
The sessions also allow existing directors re-appraise their NED role from a risk perspective
For further information, email (JavaScript must be enabled to view this email address).
