Opalesque Industry Update - Radcliffe Capital Management, a SEC registered investment adviser which started in
1996 to manage alternative assets in relative value and arbitrage strategies, and now
manages over $1 billion in long-only defensive credit related strategies, has become a signatory member of the The Hedge Fund Standards Board (HFSB).|
The HFSB brings together managers, investors, regulators and consultants from around the world to help determine how the hedge fund industry should operate. They cover the areas of Disclosure, Valuation, Risk Management, Governance and Shareholder Conduct. Over 85 hedge fund managers so far have committed to the Standards accounting for about $400 billion in AUM. Around 60 major international investors, including pension and endowment funds, sovereign wealth funds and funds of funds, have embraced the HFSB as members of the Investor Chapter to drive adoption of the Standards.
“It is our pleasure to be a Signatory Member of HFSB, which is in keeping with Radcliffe’s 16 year commitment of meeting the highest industry standards, and providing our investors with full and fair reporting” says Steve Katznelson, Partner & CIO at the firm.