Co-Investments in the Hedge Fund Context: Fiduciary Duty Concerns, Conflicts and Regulatory Risks (Part Three of Three)

Regulators have explicitly identified co-investments as an examination or enforcement priority on at least two occasions, and fiduciary duty considerations loom large when structuring co-investment vehicles and managing co-investment opportunities. In this article, the last in a three-part series on co-investments in the hedge fund industry, SRZ partners Stephanie R. Breslow and Jason S. Kaplan talk to The Hedge Fund Law Report about interest among regulators in co-investments and fiduciary duty concerns raised by co-investments, as well as conflicts and regulatory risks that typically arise when structuring or managing co-investments.

Click here to read the first part of this series.Click here to read the second part of this series.