Reuters - The U.S. Labor Department should provide pension plans with guidance on investing in hedge funds and private equity, a report issued by the Government Accountability Office (GAO) said on Wednesday.
The report found that pension plans are investing more and more in alternate investments like hedge funds, which are traditionally less transparent […]

Reuters - The U.S. Labor Department should provide pension plans with guidance on investing in hedge funds and private equity, a report issued by the Government Accountability Office (GAO) said on Wednesday.
The report found that pension plans are investing more and more in alternate investments like hedge funds, which are traditionally less transparent and […]

West Palm Beach (HedgeCo.Net)- The SEC has clarified its position on the "Cash Solicitation Rule" saying that a registered investment adviser may compensate a person for soliciting investors for, or referring investors to his or her investment fund.
Usually, under the rule, it is illegal for an investment adviser to pay a cash fee, directly or […]

The Internal Revenue Service (“IRS”) has recently issued new rulings and regulations that have an impact on tax filings by many hedge funds.  The new rulings deal with the deduction of investment interest expense for trading funds and fund-level expenses incurred by fund-of-hedge funds.
Investment Interest Expense
The ruling recently issued by the IRS regarding investment interest […]