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ARTICLE · 26 SEPTEMBER 2013

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Dillon Eustace
Dillon Eustace
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Dillon Eustace

Dillon Eustace

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Prospective investors considering a hedge fund investment may request amendments to the fund’s offering terms as a pre-condition to their investment.

IrelandFinance and Banking
Derbhil O'Riordan
Derbhil O'Riordan
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Purpose

Prospective investors considering a hedge fund investment may request amendments to the fund's offering terms as a pre-condition to their investment. Hedge funds seeking to attract institutional investors who are able to commit significant sums, which will in turn facilitate the hedge fund's pursuit its investment strategy for the benefit of all investors, may want to agree to preferential terms for these institutional investors. The preferential terms sought are commonly intended to better protect an investment and to allow closer monitoring of the underlying investments of the hedge fund. These amendments to a hedge fund's offering terms are typically implemented using a side letter.

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