08.01.2009 Opalesque Exclusive: In light of heavy redemptions, tools such as synthetic side pockets are being developed for funds that included no such options in offering documents
From Kirsten Bischoff, Opalesque New York : The request period for hedge fund redemptions varies with different funds, but a large portion require investors to give notice quarterly with anywhere between 30 and 45 days notice. In the first quarter of 2009, this may mean that Valentine’s day will bring many managers heartache, as expectations for further investor redemptions have risen in the wak
Article source: http://www.walkers.com.ky/pubdocs/Distressed%20Funds%20-%20Synthetic%20Side%20Pockets.pdf - Opalesque is not responsible for the content of external internet sites
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