Tag Archives: Investors


*Edit: Revised Madoff Feeder Fund Letter to Investors

A letter dated December 22, 2008 and sent from Fairfield Sentry Limited to its investors recently surfaced here.  The fund, part of Fairfield Greenwich Group, had invested in excess of $7 billion in Bernard Madoff Securities, making it Madoff’s largest feeder fund investor.  In wake of the surrounding facts which have surfaced in the case, we have received a rough […]

Current Trends Affecting Hedge Fund Fee Structures

In the wake of one of the most severe liquidity crises in recent memory, the vast majority of hedge fund managers have seen their assets under management shrink considerably over the past twelve months.  Whether in the name of paring back on risk, exiting losing positions, reducing portfolio volatility, or simply rebalancing portfolios, investors have used a litany of reasons […]