The Lawyer – Independent directorships for hedge funds are in the spotlight as investors express concerns about governance.
One of the last real operational areas of concern in the world of offshore hedge funds has to be the issue of corporate governance, especially the number and role of independent directors sitting on the boards of hedge funds domiciled in offshore jurisdictions. It is an issue that is rapidly creeping up the checklist of due diligence priorities for major allocators to offshore funds.
