26.10.2022 'Most favored nations' terms reclaim top spot in hedge fund side letters
B. G., Opalesque Geneva for New Managers:

U.S. law firm Seward & Kissel has, for the seventh year in a row, conducted a Study examining side letters negotiated by their hedge fund manager clients. The Study covers the period from July 2021 through June 2022.

78% of the side letters were with managers in business for two or more years (Mature Managers), and 22% were with managers less than

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