Thu, Aug 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Other Voices: New, massive, burdensome regulation is on the way, and the battle for experienced first rate compliance talent has started...or has it?

Thursday, June 18, 2009

The article was written by David Claypoole, principal of Parks Legal Placement in Summit, NJ.

As an executive recruiter focused narrowly on the legal and compliance needs of alternative asset managers, I expected to see an uptick in the demand for compliance professionals at funds towards the end of the first quarter of this year with the waning of the redemption cycle.

For some time, politicians and regulators have pegged hedge funds and private equity funds as significant contributors to the financial crisis. Even prior to the events of earlier this week which saw Senate Banking Subcommittee Chairman Jack Reed introduce a bill that would require all advisors to private pools of capital to register with the SEC and the President call for a massive overhaul of the regulatory structure which will subject nearly everyone with as much as a piggybank to expanded regulations, the writing was on the wall: New, Massive, Burdensome Regulation is on the Way!

The additional regulation will undoubtedly be accompanied by increased surveillance, examination and investigation by regulators and law enforcement. The SEC is unlikely to soon forget the very public beating it took at the hands of Bernie Madoff and will almost certainly be looking for someone to punch, most likely a high profile hedge or private equity fund. So why haven’t the managers of private funds begun to address the inevitable regulatory onslaugh......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added