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Managers and Service Providers: Finding Happily Ever After
- Article from:
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Daily News
- Article date:
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July 9, 2007
- Author:
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Copyright informationCopyright 2007 Daily News. Provided by ProQuest LLC. (Hide copyright information)
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CHICAGO (HedgeWorld.com) - The relationship between hedge fund
managers and their service providers, as well as their respective
roles in the hedge fund life cycle, are changing as the industry
matures. And as with any relationship, attention, communication and
honesty are key ingredients, though sometimes both sides learn that
the hard way.
It's important to have a team of service providers that can work
together, said David Morris, partner at Fox, Hefter, Swibel, Levin &
Carroll LLP. He added that when assembling a team of service
providers, he thinks managers often seek feedback from their existing
service providers - lawyers or auditors, for example - since they
have experience that can ...