Transparency Demands and Regulatory Requirements Force Managers to Seek Help from Their Administrators (Citco Fund Services (USA) Inc.)

December 2012

KEYWORDS: hedge funds, Hedge Fund Regulation, Institutional Investors, reporting requirements, hedge fund investor, Hedge Fund Managers, hedge fund administration, Third-party administrator, SEC, Securities and Exchange Commission, Office of Compliance Inspections and Examinations, investment adviser, Commodity Futures Trading Commission, CFTC, commodity pool operator, CPO, recordkeeping requirements, Form 13F, Short Selling, Form PF, Form CPO-PQR, Financial Stability Oversight Council, FSOC, hedge fund registration, Hedge Fund Performance, National Futures Association, NFA, assets under management, AUM, commodity pool, Department of the Treasury, IRS, Internal Revenue Service, FATCA, Foreign Account Tax Compliance Act, foreign financial institution, due diligence, pass-through, redemption terms, tax, transparency, risk analytics, derivative, Liquidity

Authors:

Michael Regan

Organizations:
  • Citco Fund Services (USA) Inc.

Summary:

The ever-changing hedge fund regulatory environment together with the continued rise of institutional investors in the hedge fund space has significantly increased the reporting burden on investment managers to both regulators and investors. In this environment, driven by regulators and investors, managers are increasingly turning to fund administrators to assist them in meeting their regulatory and investor reporting requirements. Fund administrators in turn must expand their service offerings and develop sophisticated data management and reporting capabilities to properly service their clients.

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