Structuring, Drafting and Enforcement Recommendations for Hedge Fund Managers Considering Employee Compensation Clawbacks (Part Two of Two)

In the current heightened enforcement climate, hedge fund managers are increasingly exploring, implementing and using employee compensation clawbacks to mitigate risk. In this article, the last in a two-part series, SRZ partner Holly H. Weiss talks to The Hedge Fund Law Report about the drawbacks of clawbacks, the legal and other considerations for managers in structuring and enforcing clawbacks, the documentation of clawbacks, and the best practices for structuring clawbacks.