| 30.03.2006 Opalesque Exclusive: First Spanish onshore hedge fund expected Q4, new regulation leaves open issues |
| Matthias Knab reports live from the Hedge Funds World conference in Madrid: According to Jesus Mardomingo from the law firm Cuatrecasas, the first Spanish onshore hedge fund may launch in the fourth quarter of 2006. The new regulation (law 35/2005) was approved 4. Nov. 2005, however the industry is still awaiting a much expected circular from the regulatory body CNMV. According to the lawyers, |