Hedge Fund Glossary

mfa-logo latham-and-watkins-logo

Level of Comfort

used in Comfort Letters, this phrase refers to which Tick Mark an auditor provides with respect to a given number in an Offering Memorandum or Prospectus. For instance, one type of Tick Mark might say that the accountants had “compared the number in the disclosure to the audited financials and found them to be in agreement.”

Hedge Fund Glossary Index ›

Latham & Watkins is pleased to provide our Book of Jargon® — Hedge Funds. The Book of Jargon® — Hedge Funds
is a comprehensive glossary of hedge fund slang, legal and regulatory terminology, and acronyms.

For more information please visit: www.lw.com